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Only 1.6% of Approved Investment Projects Unimplemented in Malaysia

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INVESTMENT,MALAYSIA,APPROVAL

Datuk Seri Tengku Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI), revealed that 98.4% of approved investment projects from 2021 to March 2024 are either complete, underway, or in planning stages. He emphasized that approved investments signify that Malaysian companies' applications to invest in Malaysia have been granted by the Malaysian Investment Development Authority (MIDA). The minister stressed that Memorandum of Understanding (MoU) should not be mistaken for approved investments, as the approval process involves stringent requirements before a manufacturing license can be issued. He highlighted the importance of prioritizing applications of companies engaging in business activities under the Industrial Coordination Act 1975, requiring a minimum of RM2.5 million shareholder funds or at least 75 full-time employees for a manufacturing license application.

PETALING JAYA: Hanya 1.6 peratus daripada projek-projek pelaburan yang diluluskan dalam tempoh 2021 hingga Mac 2024 masih belum dilaksanakan, menurut Menteri Pelaburan, Perdagangan dan Industri , Datuk Seri Tengku Zafrul Tengku Abdul Aziz.

“Pelaburan diluluskan itu bermaksud permohonan syarikat-syarikat untuk melabur di Malaysia telah diluluskan oleh Lembaga Pembangunan Pelaburan Malaysia ,” katanya dalam satu hantaran di media sosial. “Jika hanya sekadar menghantar MoU, permohonan itu pasti tidak akan diluluskan. Itulah sebabnya apabila ada pihak yang memperlekehkan data pelaburan diluluskan, mereka sebenarnya tidak memahami betapa rumit prosesnya.

“Jadi, jika syarikat mempunyai dana pemegang saham sekurang-kurangnya RM2.5 juta atau menggaji sekurang-kurangnya 75 pekerja sepenuh masa, syarikat tersebut perlu memohon lesen pengilang terlebih dahulu,” katanya. “Kita mahu mewujudkan pekerjaan bergaji tinggi untuk rakyat. Jika majoriti pekerja tidak mahir, bagaimana Malaysia hendak maju dalam jangka panjang?” katanya.

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