The Malaysian Investment Development Authority (MIDA), Malaysia’s principal investment promotion agency, and Malayan Banking Berhad (Maybank), Malaysia’s largest bank, have formalized a strategic partnership through a Memorandum of Understanding (MOU) to jointly promote Malaysia as a premier global investment destination for high growth sectors.

Under this collaboration, MIDA will harness its investment facilitation expertise and policy coordination role, while Maybank will leverage its financial advisory experience and regional reach to channel both domestic and foreign capital into Malaysia’s high growth sectors, MIDA said in a statement on last Thursday.

Together, MIDA and Maybank will lead a series of targeted promotional programs – including investment missions, business roundtables, and strategic marketing campaigns to attract high-value and transformative investments to Malaysia.

Focus areas include the electrical and electronics (E&E) industry, digital economy, electric vehicle (EV) ecosystem, healthcare, and petrochemical.

These initiatives are aligned with national frameworks such as the New Industrial Master Plan 2030 (NIMP), National Energy Transition Roadmap (NETR), National Semiconductor Strategy (NSS), New Investment Incentive Framework (NIIF), and Green Investment Strategy (GIS), as well as state-level developments including the Johor-Singapore Special Economic Zone (JS-SEZ).

“Financial institutions are the connective tissue between capital and opportunity,

“Maybank’s deep roots in ASEAN and its strong global presence make it an ideal partner to position Malaysia not just as a destination for investment, but as a launchpad for regional expansion,” said Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA.

“Through this partnership, MIDA will continue to provide end-to-end facilitation – from regulatory guidance to aftercare support – helping investors establish. scale and succeed with confidence in Malaysia,

“Together, we aim to deliver what investors value most: stability, connectivity, and a clear path to growth,” he added.

Meanwhile, Khairussaleh Ramli, President and Group Chief Executive Officer of Maybank said the MOU signing between Maybank and MIDA is timely, coming on the heels of Budget 2026 which sets the stage for attracting investments to achieve key economic targets under the 13th Malaysia Plan.

“As Malaysia’s largest bank and a leading institution in ASEAN that serves a wide spectrum of clients, we are more than a lender,

“Through our partnership with MIDA, we also aim to position Malaysia as a global Halal economy leader, to drive sustainability and strengthen the domestic ecosystem by connecting small and medium-sized enterprises (SMEs) to global supply chains and opportunities in artificial intelligence (AI) and the new economy,” he added.

This MOU underscores a shared commitment to enhancing Malaysia’s global competitiveness and contributing to ASEAN’s economic resilience and sustainable growth.

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