KUALA LUMPUR: Malaysia stands ready for a new era of investment, supported by a clear vision for economic transformation and a commitment to attracting investments aligned with the nation's high-growth and sustainable future, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
He said the government is committed to making Malaysia a top-tier investment destination, attracting high-value investments, as articulated in the New Investment Aspiration.
"As announced in the 2025 Budget, the MADANI Economy framework will continue its focus on reinvigorating the economy, driving reforms, and prospering the nation," he said in his speech at the InvestMalaysia Portal launch today.
Among the growing investment landscape in Malaysia are the National Semiconductor Strategy (NSS), and the National Energy Transition Roadmap (NETR), as well as the New Investment Incentive Framework which is expected to be announced in the first quarter of 2025.
The framework aims to open new avenues for investors, including tax incentives and strategic investment funds.
Additionally, government-linked investment companies have collectively pledged to channel RM120 billion over the next five years in domestic direct investments towards high-growth and high-value industries, he said.
"Collectively, these reforms were built on the back of our solid fundamentals, strengthening our resilience and maximising the growth potential of local supply chains – positioning Malaysia as an ideal, high-returning, and safe investment destination," he said.
Meanwhile, the government has launched the InvestMalaysia portal (www.investmalaysia.gov.my) to provide investors with essential information on investing in Malaysia.
The portal aims to reinforce Malaysia's standing as a competitive and appealing investment destination by showcasing opportunities in the country's financial markets to both domestic and international investors.
"Investors can obtain comprehensive information on Malaysia's economic and investment policies, as well as gain real-time insights on not just the investment opportunities that Malaysia has to offer, but also the relevant steps to make the most of them.
"The portal will also redirect investors to the right path and links to the relevant agencies' websites based on their investments of choice. Ultimately, the goal is to empower investors to independently assess Malaysia's economic prospects and explore investment opportunities the country can offer," he said.
He concluded that the InvestMalaysia Portal marks a significant advancement in bridging the gap between investment intention and action, simplifying access for investors, and making Malaysia's investment landscape more navigable and rewarding.
"Together, the Investor Relations Office and the InvestMalaysia portal would act as navigators for portfolio investors looking to participate in the Malaysian market," he said.
Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said the platform is akin to an arbiter of Malaysia's macroeconomic strength and investment potential.
"In this post-abundance world, often, it is not information that we lack but rather a mechanism to help us decide and evaluate our choices. This effort is imperative for Malaysia as we accelerate structural reforms to strengthen Malaysia's long-term economic prospects," he added.
-- BERNAMA