Mida identifies 141 potential investment projects worth RM72.6b | Malay Mail

Senior Minister cum International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said the government’s target sectors include those which are of high quality, knowledge and capital-intensive, high technology and high value-added, which will boost the quality of job opportunities in Malaysia. — Picture by Yusof Mat Isa

“Aside from projects worth RM37.4 billion which have been approved as of March 2020, Mida is also in the midst of evaluating 725 new applications with an estimated RM36.7 billion worth of investments. Mohamed Azmin said the government was also looking at ways to improve regional collaborations, since Malaysia and Asean countries have agreed to sign the Regional Comprehensive Economic Partnership at the end of the year.“Asean is a huge market with its population of 650 million; as such, there is potential if Malaysia can strengthen its competitiveness at the global and regional level to meet the market’s demands,” he said.

This includes continuing trade promotion activities via digital platforms with the introduction of eBizMatch , webinars, My Export application, trade clinics and expanding the scope of the Market Development Grant to include virtual trade promotion activities.

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