MIDA

DRB-Hicom, Geely ink MOUs with MIDA, MARii to boost AHTV development

Malaysian conglomerate DRB-Hicom Bhd with its joint venture partner Chinese automaker Zhejiang Geely Holding Group have inked memorandum of understandings (MOU) with two government bodies, namely with Malaysian Investment Development Authority (MIDA) and Malaysia Automotive, Robotics and IoT Institute (MARii) to promote the development of the Automotive…

Malaysia launches new funds to drive automation, digitalization, and sustainable ESG practices

The Malaysian Investment Development Authority (MIDA) has on Monday announced the launch of new funding facilitation initiatives aimed at catalyzing Malaysia’s industrial growth and fostering economic development. These initiatives include the Domestic Investment Accelerator Fund (DIAF), the MADANI Smart Automation Grant (SAG MADANI) and the Foreign…

MIDA, CREST team up with Dassault Systèmes to enhance cloud-based collaboration for SME

Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering, Science and Technology Centre (CREST) have partnered with French software company Dassault Systèmes to build Malaysia’s small and medium-sized enterprise (SME) Industry 4.0 Readiness.