KUALA LUMPUR: The introduction of the Investment Incentive Framework (IIF2025) in 2025 Budget marks a transformative step to revolutionise Malaysia's investment landscape.
InvestKL said the step aligned to InvestKL's focus on attracting modern services investments in areas such as Artificial Intelligence (AI), robotics, internet of things. data science and fintech.
InvestKL chief executive officer Datuk Muhammad Azmi Zulkifli said the 2025 Budget is a comprehensive and forward-looking plan to accelerate Malaysia's economic growth.
"The introduction of IIF2025 prioritises emerging sectors and reskilling the workforce to meet industry demands, aligning with InvestKL's mission to draw high-quality investments in the modern services sector."
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Budget positions the nation and Greater Kuala Lumpur to seize global opportunities, further solidifying their standing in the international investment landscape," he said.
InvestKL added that targeted fiscal measures and incentives in the 2025 Budget will accelerate key sectors, including green technology, digital economy, and advanced manufacturing.
It said the 2025 Budget places a significant emphasis on expanding Malaysia's modern services sector, a move set to profoundly impact the rakyat's economy.
It said these measures are critical in advancing Malaysia's roadmap towards becoming a high-income nation by 2028.
"The recent influx of foreign direct investments is poised to be a catalyst for the creation of high-skilled jobs across diverse sectors."
"The influx is not just a financial boon; it is a transformative force that will significantly elevate the quality of employment opportunities available to Malaysians."
"As these high-skilled jobs proliferate, they will infuse the nation's economic engine with new vigour, driving growth and innovation," it added.