KUALA LUMPUR: The Malaysian Investment Development Authority (MIDA) recently hosted a gathering of key players in the country's investment ecosystem.
The event showcased MIDA's transformation into a proactive investment facilitator, positioning itself as a strategic partner for investors navigating Malaysia's diverse economy.
Participants explored transformative investment opportunities, sustainable development strategies, and innovative approaches to driving economic growth.
This gathering also marked MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid's first major convening since his April appointment.
"Malaysia's success is a team effort. It is about partnerships, creating jobs, and building a legacy of growth that benefits everyone—Malaysians and investors. MIDA is committed to supporting investors every step of the way, acting as their biggest supporter, troubleshooter, and sounding board," he said in a statement.
The event also highlighted impressive figures reflecting Malaysia's strengthening economic momentum.
Investment approvals have reached RM254.7 billion in the first nine months of 2024, representing a strong 10.7 per cent year-on-year growth.
This surge in investment is expected to generate over 159,000 high-value job opportunities across multiple sectors, providing a significant boost to the country's employment landscape.