The Malaysian Investment Development Authority (MIDA) has launched new funding facilitation initiatives aimed at catalysing Malaysia’s industrial growth and fostering economic development.
Malaysian Prime Minister Anwar Ibrahim said that clarity of policies is imperative in building confidence in foreign and domestic investors. For instance, policies such as the Madani Economy and the New Industrial Master Plan 2030, to name a few, are examples of the government moving away from the
Malaysia’s Ministry of Science, Technology and Innovation (MOSTI) is reportedly planning to improve the country’s startup ecosystem, emerging technology and education for Science, Technology, Engineering and Mathematics subjects under the 2024 budget.
Malaysia has secured over RM37.4billion in investment commitments in the digital technology sector, said Fahmi Fadzil, the country’s Communications and Digital minister.
Kuala Lumpur: Malaysia is currently in an excellent position to capitalise on the economic opportunities generated by the Internet of Things (IoT) technologies.