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PM Anwar unveils RM500b investment goal in National Semiconductor Strategy’s first phase

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Anwar Ibrahim News

National Semiconductor Strategy,Domestic Direct Investments

KUALA LUMPUR, May 28 — Malaysia is targeting to attract RM500 billion in investments in the first phase of the National Semiconductor Strategy (NSS), with domestic direct...

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What else do you want me to do? Azam Baki says MACC found no conflict over Yeoh’s husband’s transport deal with SelangorPrime Minister Datuk Seri Anwar Ibrahim speaks during the launch of the 2024 Semicon South-east Asia Summit at Malaysia International Trade and Exhibition Centre in Kuala Lumpur, May 28, 2024.

In his speech at Semicon South-east Asia here, Anwar said that foreign direct investments meanwhile, will target water fabrication and manufacturing equipment. “By phase two, we want to establish at least 10 Malaysian companies in design advanced packaging with revenues between RM1 billion to RM4.7 billion, and at least 100 semiconductor-related companies with revenues close to RM1 billion, creating higher wages for Malaysian workers,” Anwar said.

 

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