MITI through its agency, MIDA, has successfully drawn potential investments worth more than RM 10 billion in Q1 of 2010.

MIDA’s investment missions have succeeded in procuring and negotiating for investments from countries across continents and new investments are currently in the process of negotiation. Major areas of interest are in the:

Solar Industry
MIDA and US and China-based solar specialist companies negotiate for potential investments valued at an estimated RM 5 billion.

Manufacturing & Engineering Support (MES) Industry
Potential investments are targeted for the oil well completion equipments and umbillicals (diversification projects).

Transport Industry
Interest to invest in projects on MRO composite repair, MRO for aircraft components, seats for aerospace industry and aircraft machine parts.

The strong interest is attributed to MIDA’s: 

The on-going transformation has enabled MIDA to function more effectively and dynamically. It is now empowered to approve incentives in real time and act swiftly to engage investors more successfully.

MIDA intends to further intensify its efforts in attracting quality foreign investments through its Trade and Investment Missions this year. These missions will serve as a platform to draw high value-added and innovation-driven investments and enhance strong bilateral ties with targeted countries like Europe, United States, South Korea, Singapore, India and China.

The SPM meanwhile, will include business matching sessions and serve as a platform to provide recent updates on the measures undertaken by the Government to strengthen the economy, stimulate growth and recover from the economic slowdown.

For investment opportunities in Malayasia, email to : investmalaysia@mida.gov.my