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Tengku Zafrul: New Industrial Master Plan 2030 offers significant opportunities for banks, capital market

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Tengku Zafrul Notizia

NIMP2030

KUALA LUMPUR, June 13 — The New Industrial Master Plan 2030 (NIMP) which requires RM95 billion worth of investment over the next seven years offers new opportunities for banks...

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the government would like the financial sector to take on a more active role in achieving the missions outlined by the NIMP 2030, and the most recent policy, the National Semiconductor Strategy launched in May 2024.

“As a former banker, I’m fully convinced that this will be a “win-win” for financial institutions,” he said in his opening remark at the Sasana Symposium 2024 via a recorded video here today. He explained that the NIMP 2030 has been designed to guide Malaysia’s industries towards technological advancement, sustainability and greater integration into the global value chain.

He said that unlike the past Industrial Master Plan, Malaysia’s approach this time is to be “mission based”.

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