In a statement on Wednesday , the ministry said the rebranding is in line with Prime Minister Datuk Seri Anwar Ibrahim’s decision during last week's Cabinet meeting.
"This is in keeping with Miti’s function as the leader in driving and encouraging inflows of foreign investments, enhancing local investments, strengthening international trade and empowering sustainable industrial development," the ministry said. The decision was also in line with the government’s aspiration to boost investment promotion activities, as outlined in the National Investment Aspiration for the continuation of national economic redevelopment in accordance with the Madani government framework, it added.
"Miti remains committed to attracting new quality and high-impact investments, expanding the international trade network and strengthening the existing industrial sector as the main contributor to the economic development for the well-being of the people and the business sector, especially small and medium enterprises,” the statement read. – Bernama
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Miti keeps acronym, which now stands for Ministry of Investment, Trade and IndustryKUALA LUMPUR, April 12 — The Ministry of International Trade and Industry, better known by the acronym Miti, today announced that it has changed its name to the Ministry of...
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Miti renamed as investment, trade and industry ministryThe rebranding decision, aimed at boosting investment and strengthening international trade, was made by the prime minister.
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