A robust governance model will be critical to address key challenges typically seen in large-scale transformation efforts, providing a framework to ensure effective and timely delivery of reforms.

Given that a wide range of government entities are either directly or indirectly involved in investment-related matters, it is imperative that an effective governance model establishes clear roles for stakeholders

A transparent governance model will be established, with clear delineation of roles and duties, to ensure the successful implementation of the New Investment Policy. This framework will incorporate four key pillars of oversight-strategic oversight, advisory, coordination and monitoring, and implementation. These four key roles will be designed and applied across all elements of the governance structure.

Subject Matter Expert Panel
Panel of experts consisting of experts across various fields to provide external perspective.
Provide functional and sectoral expertise to support decision-making across all levels of the governance structure.
Coordination & Monitoring
National Investment Council Secretariat
Central coordinator to monitor implementation effort progress and outcomes.
Devise remedial action to ensure implementation is on track.
Communicate progress and outcomes of implementation efforts to stakeholders.
Implementation Teams
(National & Sector-level)
Grassroots implementation of national and sector level initiatives.
Collaborate with relevant stakeholders E.g: research bodies and government agencies where necessary.

National Investment Council Structure

National Investment Council
Chairperson : YAB Prime Minister
NIC Secretariat
Lead : MITI
National Committee on Investment (NCI)
Co-chairperson : Secretary General of MOF and MITI
Implementation Teams
Subject Matter Expert Panel
Industry/ topic experts
Industry associations
Think tank
International orgs

Given the nature and scope of initiatives outlined in this report, two distinct types of Implementation Teams will be established—national-level and sector-specific teams. This dual-track approach will ensure adequate focus is provided to delivery of initiatives at all levels, and minimise the overlap across Implementation Teams.

Robust governance is critical to address the typical challenges and opportunities expected to emerge during national transformation efforts, and to ensure successful delivery of results. The governance model outlined in this section is designed to establish accountability, enable cohesive implementation, support better and quicker decision making, and enhance transparency of outcomes. All stakeholders across the public and private sector landscape must work together and collaborate effectively to demonstrate and deliver clear, transparent progress to drive Malaysia towards achieving its NIA ambitions.