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Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: MIDA

MIDA Opens Third Office In China
October 13, 2015 , by admin2

BEIJING, Sept 9 (Bernama) — The Malaysian Investment Development Authority (MIDA) on Tuesday opened its third office in China to further woo investments.

Malaysian Minister of International Trade and Industry, Mustapa Mohamed, said the office, after Shanghai and Guangzhou, was to serve and facilitate Chinese investors amid their strong interests to invest in Malaysia.

He said the office would enhance MIDA’s efforts to attract Chinese companies to invest in Malaysia as well as act as a resources centre for interested companies looking for business and investment opportunities in Malaysia.

“China is a very important country for Malaysia and we hope the new office would further attract their investments,” he told reporters after officiating MIDA’s office here Tuesday.

Mustapa said the Chinese companies had strong presence in Malaysia’s construction industry as well as in property, manufacturing, services and ports.

He said Malaysia had seen an increase in investments...

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MIDA Opens Third Office In China
October 13, 2015 , by admin2

BEIJING, Sept 9 (Bernama) — The Malaysian Investment Development Authority (MIDA) on Tuesday opened its third office in China to further woo investments.

Malaysian Minister of International Trade and Industry, Mustapa Mohamed, said the office, after Shanghai and Guangzhou, was to serve and facilitate Chinese investors amid their strong interests to invest in Malaysia.

He said the office would enhance MIDA’s efforts to attract Chinese companies to invest in Malaysia as well as act as a resources centre for interested companies looking for business and investment opportunities in Malaysia.

“China is a very important country for Malaysia and we hope the new office would further attract their investments,” he told reporters after officiating MIDA’s office here Tuesday.

Mustapa said the Chinese companies had strong presence in Malaysia’s construction industry as well as in property, manufacturing, services and ports.

He said Malaysia had seen an increase in investments...

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Miti, Mida negotiating potential investments of RM44bil
June 18, 2015 , by admin2
KUALA LUMPUR: The International Trade and Industry Ministry (Miti) and its agency, the Malaysian Investment Development Authority (Mida), are negotiating potential investments worth RM44bil for 466 projects in manufacturing and manufacturing-related services. Minister Datuk Seri Mustapa Mohamed said that the projects included chemicals and chemical products, electrical and electronics, metal and metal alloy, as well as manufacturing-related services. “Malaysia remains a competitive investment location and continues to attract manufacturing projects with significant level of investments,” he said in a statement. Mustapa said despite intense global and regional competition for foreign direct investments (FDIs), Malaysia continued to attract multinational corporations and large companies to establish their regional and global operations in the country. He said this was reflected by the total 428 manufacturing projects with investments of RM28.3bil approved between January...
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MITI MINISTER MEETS INDUSTRY PLAYERS IN PERLIS Positioning Perlis as a State of Opportunity
June 17, 2015 , by admin2
26 June 2014, Kuala Lumpur - YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry (MITI) led a dialogue session with 16 companies in Perlis, organised by the Malaysian Investment Development Authority (MIDA), today.  YB Minister was accompanied by YBhg. Dato’ Azman Mahmud, Chief Executive Officer of MIDA, and other officials from MITI and MIDA. According to Dato’ Sri Mustapa, “There are many opportunities in Perlis that investors should be made to be aware of. All that we need to do is to position Perlis as a state of opportunity.  The State is mainly driven by the agriculture sector.  Notwithstanding this, it is heartening to note that approved investments in the manufacturing sector for 2013 in Perlis have increased substantially by nine times the figures achieved in the year of 2011, a testimony that this state is becoming an increasingly competitive destination for investments.” “We are actively working with all stakeholders including the...
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MIDA Seeks To Enhance Collaborative Research In Semi-Conductor Industry
June 17, 2015 , by admin2
KUALA LUMPUR, Nov 6 (Bernama) — The Malaysian Investment Development Authority (Mida) is seeking to enhance collaborative research in the semi-conductor industry by looking at opportunities to cooperate with the US-based Semi-conductor Research Corporation (SRC). Mida’s Deputy Chief Executive Officer Datuk Phang Ah Tong said in many countries, particularly developing nations, a mismatch between the industry and universities existed in terms of relevancy to graduates produced as well as research undertaken. He said the “irrelevant graduates and research” was a waste, as well as a duplication of resources, with Malaysia not excluded from the problem. Mida, as such, is exploring the possibility of working together with the SRC to enhance and strengthen collaboration between universities and industries in Malaysia, he told reporters at an interview session with the SRC here today. The SRC is the world’s leading technology research company. It was established in 1982 as a...
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E&E Sector Investments To Hit RM10 Billion This Year, Says Mustapa
June 17, 2015 , by admin2
KUALA LUMPUR, Nov 6 (Bernama) — Total approved investments in the electrical and electronics (E&E) sector is expected to reach RM10 billion this year on the back of the resilient global economic outlook.

 

International Trade and Industry Minister, Datuk Seri Mustapa Mohamed said from January-July this year, approved investments in the E&E sector reached RM8.4 billion with 57 approved projects, surpassing the 2014 target of RM5.1 billion.

“Investments are encouraging this year compared with last year…this is a good sign that shows that our economy is expanding.

“The economic growth forecast of between 5.5 per cent and 6.0 per cent this year is very relevant given our exports and investments growth so far,” he said in a media briefing on the E&E sector here today.

Some of the high-impact projects approved include a diversification project in wafer fabrication involving an investment of RM3.2 billion and an expansion project estimated at RM1.5 billion for a high-end...

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Misi Malaysia di Davos berhasil pikat pelabur
June 16, 2015 , by admin2
“I’m Mustapa Mohamed. I am the Minister of International Trade and Industry. Welcome to Malaysia.” Demikian kata Menteri Perdagangan Antarabangsa dan Industri di atas pentas dalam khemah berbentuk ‘dome’ yang dipasang khas di belakang Panaroma Hotel, di Davos, Switzerland, malam Sabtu lalu.

 

Beliau menggantikan Perdana Menteri, Datuk Seri Najib Razak untuk mengalu-alukan tetamu ke Malam Malaysia yang dianjurkan untuk 3,000 peserta Forum Ekonomi Dunia (WEF) itu.

Tengah hari sebelum acara itu, Najib bergegas ke Riyadh, Arab Saudi untuk menghadiri pengebumian Raja Abdullah Abdul Aziz Al Saud dan Mustapa terpaksa mengambil alih tugas Perdana Menteri.

Mustapa tidak kelihatan janggal dan kira-kira 500 tetamu memberikan tumpuan kepada kata-kata aluannya dengan sesekali mencuit hati mereka.

Keseluruhan yang hadir pada malam itu ialah 1,500 orang yang datang secara silih berganti, mengatasi rekod kehadiran 1,000 orang ketika WEF 2013.

Penulis yang turut berada di Davos pada...

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Malaysia Eyes RM56 Billion Investments In Manufacturing Sector
June 15, 2015 , by admin2
KUALA LUMPUR, Feb 26 (Bernama) — Malaysia aims to attract investments worth RM56 billion in the manufacturing sector in 2015, a modest target compared with the RM71.9 billion it received last year. Minister of International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the manufacturing sector has remained attractive to investors, with approved investments in the sector surging by 38 per cent to RM71.9 billion in 2014 compared with RM52.1 billion in 2013. For the services sector, excluding real estate, the government expects to attract RM64.5 billion in investments this year, the minister said after revealing the country’s Investment Performance Report 2014 here, Thursday. Despite a challenging external environment this year, Mustapa said he still expects a moderate outlook for the investment climate in Malaysia. He said currently there are RM65.1 billion worth of on-going projects — RM51.4 billion in the manufacturing sector and RM13.7 billion in the...
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Mida conference to woo investors in the aerospace sector
June 15, 2015 , by admin2
KUALA LUMPUR: The Malaysian Investment Development Authority (Mida) which will be organising a series of global supply chain conferences throughout the year, yesterday hosted an aerospace and commercial supplier conference to spur further investments in the aerospace industry. Mida’s CEO Datuk Azman Mahmud (pix) said the conference is part of its initiatives to increase investments in the aerospace sector, given that projects approved involving manufacturing and maintenance, repair, operations (MRO) last year stood at RM682 million, compared with RM387.3 million in 2013. “This is also part of our effort in promoting Malaysia as an investment destination for aerospace. We will have a forum on the aviation industry during the Langkawi International Maritime and Aerospace Exhibition (LIMA) March 18, 2015, which will be officiated by the International Trade Minister Datuk Seri Mustapa Mohamed,” Azman told reporters at the aerospace and commercial supplier conference 2015... Read More
Melaka ketujuh tertinggi terima pelaburan diluluskan
June 12, 2015 , by admin2
MELAKA 8 April – Melaka melonjak ke kedudukan ketujuh tertinggi ba­gi jumlah pelaburan diluluskan dalam sektor pembuatan pada tahun lalu berbanding ke-10 pada 2013. Menteri Perdagangan Antara­bangsa dan Industri, Datuk Seri Mus­tapa Mohamed berkata, se­banyak RM4.44 bilion jumlah pelaburan telah diluluskan oleh Lembaga Kemajuan Perindustrian Malaysia (MIDA) di negeri ini tahun lalu. Menurutnya, pelaburan berke­naan termasuklah dalam sektor pengangkutan (RM3.32 bilion), pro­duk elektrik dan elektronik (RM880 juta), penerbitan dan percetakan (RM160 juta), perabot dan perkakasan (RM40 juta) dan pembuatan makanan (RM40 juta). “Jumlah pelaburan berkenaan ju­ga merupakan yang tertinggi per­nah dicatatkan di negeri ini malah ia yakin dapat terus ditingkatkan pada masa akan datang,” katanya. Beliau berkata demikian ketika ditemui pemberita sempena pro­gram Turun Padang ke Melaka di Seri Negeri, Ayer Keroh, di sini hari ini. Yang hadir sama Ketua Menteri, Datuk Seri... Read More

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