86% And Counting, PM Slams Claims Of ‘No Results'
Prime Minister Datuk Seri Anwar Ibrahim has dismissed claims that multibillion-ringgit investments bring no tangible results, stating that the manufacturing sector continues to deliver direct benefits to Malaysians through job creation, wage increases and industrial value-add.
'They say billions in investments, where are the results? There's nothing to show. The reality is, 86% of the approved projects are already operational,' he said.
He revealed that 3,494 manufacturing projects have been approved by the Malaysian Investment Development Authority (MIDA) from 2021 until June 2025. Of these, 3,095 projects or 86.4%, have been realised and are now operational.
Speaking at the monthly assembly of the Prime Minister's Department, Anwar noted that the implementation rate of approved projects stood at 90.6% in 2023, 79.2% in 2024 and 49.8% in the first quarter of 2025.
'I've told Minister Tengku Zafrul to continue publishing the relevant data and highlight the locations of operating plants — in Kulim, Johor, Sarawak, Sabah and the Klang Valley,' he added.
He said most of the realised projects focus on digital and green industries.
In the first quarter of this year alone, these projects have created 50,000 new jobs in the manufacturing sector.
Median wages in the sector also rose by 5.4% to RM2,745, up from RM2,600 last year, aligning with the new minimum wage policy of RM1,700.
Anwar also reported that since the establishment of the Invest Malaysia Facilitation Centre (IMFC) in December 2023, a total of 28,166 investor applications have been facilitated with a resolution rate of 99.9%.
These applications involved matters such as approvals, permits, foreign worker quotas, utilities and tax-related issues. Related
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
5 hours ago
- The Star
Malaysia's property bubble: A wake up call
For generations, Malaysians have lived by an unwavering belief: Buy property. It never depreciates. This axiom has been deeply ingrained, marketed as an infallible shield against inflation, a tangible emblem of success and a steadfast repository of wealth consistently outpacing market volatility.
The Star
6 hours ago
- The Star
Asean News Headlines at 10pm on Saturday (July 26, 2025)
Malaysia: * Anwar extends appreciation to all parties for smooth, incident-free rally / Anwar reaffirms commitment to democracy, freedom of speech * Rally ended peacefully, no untoward incidents reported, says acting KL police chief * Only 40% of Malaysians believe country is on the right track, says survey * July 26 protest: Traffic near Sogo at standstill as protesters spill onto the road * July 26 protest - Liveblog: Rally comes to an end with prayer recital * Protestors gather for July 26 rally in Kuala Lumpur * Anwar says he won't attend July 26 rally because he wasn't invited * Take me to court if I am wrong, Dr M says on Batu Puteh issue * Anwar calls on MPs to uphold civil debate in Parliament, avoid insults and profanity * Where's Jho Low? Looking for 1MDB fugitive in Shanghai's luxury estate * Bar Council EGM on judicial independence dissolves due to lack of quorum * AGC to re-examine influencer's false report case * Malaysia faces rising cyber threats as incidents increase * MyDigital ID rollout must prioritise trust over compulsion, says think tank * Malaysia's new ambassador to US pledges stronger bilateral relations * Dr M's granddaughter loses RM1.8mil in home burglary / Cops tracking down suspects involved in burglary at Dr M's grandchild's house North Korea's Jo Jin Mi and Choe Wi Hyan compete in the final of the mixed team 3m and 10m diving event during the 2025 World Aquatics Championships in Singapore on Saturday, July 26, 2025. -- Photo by Oli SCARFF / AFP Singapore: * Singapore's national screening programme tests newborns for metabolic and heritable diseases * Shocker in Singapore: Woman taken to hospital after car falls into sinkhole on Tanjong Katong Road * Black belt in taekwondo, grade 8 in piano: S'pore teen excels despite condition that limits movements * Singapore's Tipsy Collective sues former directors, HR head; alleges S$14mil lost from misconduct, poor decisions * Singapore rail operator to pay lower fine of S$2.4m for line disruption; must invest at least S$600k to boost reliability * Singapore shipowner told to pay US$1bil over marine disaster Indonesia: * Trump tariffs leave costly China supply question unanswered; Indonesia among countries deeply affected * Students flee Sekolah Rakyat in Central Java just one week into orientation * Indonesia car sales expected to top 800,000 units in 2025 * Indonesia backs peaceful resolution in Thai-Cambodian border dispute * Oil prices ease to three-week low at weekend as negative economic news offsets trade optimism Japanese dancers perform Ryukyu Buyo, a traditional Okinawan dance blending graceful movements with vibrant music rooted in the heritage of the Ryukyu Islands, during a cultural exchange programme by the Japan Foundation at the Taman Ismail Marzuki (TIM) theatre in Jakarta. -- Photo by YASUYOSHI CHIBA / AFP Thailand: * Malaysia: Government monitoring investments in Thailand, Cambodia amid conflict * Thai-Cambodia clashes spread along frontier as death toll rises * Thai Army clarifies use of cluster munitions, insists they are aimed at military targets only * Thailand issues warning of potential long-distance PHL-03 missile strike from Cambodia * Thailand condemns Cambodian attacks on civilians, hospitals * New front opens as clashes between Thailand and Cambodia continue * Thai Navy joins conflict against Cambodia as death toll climbs to 30 * China must strike a delicate balance in its approach towards Thai-Cambodian conflict, say analysts * Thaksin denies family conflict sparked Thai-Cambodian war, insists on non-interference in military operations Philippines: * Philippine Supreme Court rules impeachment bid against vice president is unconstitutional * Typhoons 'Crising,' 'Dante,' and tropical storm 'Emong' combined death toll at 26 in Philippines * Philippine cyclones death toll rises to 30, seven missing * Co-May leaves trail of destruction in the Philippines * US agrees deals with Indonesia, Philippines – but are Chinese firms a step ahead? U.S. President Donald Trump, flanked by Treasury Secretary Scott Bessent and Secretary of State Marco Rubio meets with Philippine President Ferdinand Marcos Jr., at the White House in Washington. --Photo: REUTERS/Kent Nishimura Vietnam: * Vietnam stands at core of evolving Asean: Malaysian ambassador * Plastics remain top choice for Hanoi food and beverage shops * Sleeper bus overturns in central Vietnam, leaving nine dead * Kids among nine killed in bus crash in central Vietnam * Analysis-Trump's distraction methods fall flat against Epstein uproar Myanmar: * US drops sanctions on Myanmar junta allies after Trump praise * US says lifting of some Myanmar sanctions had no link to general's letter to Trump * India and Myanmar discuss future of pharmaceutical industry in Yangon Displaced Cambodians receive water at the Battkhao Resettlement Camp in Oddar Meanchey Province, Cambodia, Saturday, July 26, 2025, as border clashes between Thailand and Cambodia entered its third day. -- AP Photo/Anton L. Delgado Cambodia: * Tens of thousands flee their homes as Thailand and Cambodia clash * Death toll rises in Thai-Cambodian clashes despite ceasefire call * China denies supplying new weapons to Cambodia in Thai border conflict * Hong Kong police investigate Cambodian scam farm link to missing girl * Cambodia bans flights across fighting zones with Thailand * Cambodia prepares counterattack at Phu Ma Kua — plans heavy use of indirect munitions Laos: * 'We are not involved in this': Laos denies reports on border clash with Cambodian forces * Laos seeks to develop traditional medicine * Lao communities on edge as river levels climb amid continuous rainfall Brunei: * Bruneians turning heads at international barber event * Brunei Law Society attends Asean Bar Leaders' Summit * Brunei emphasises sustainable forest management and environmental protection for its future generation Australia's diver Maddison Keeney holds her gold medal after competing in the final of the women's 1m springboard diving event during the 2025 World Aquatics Championships in Singapore on Saturday, July 26, 2025. -- Photo by Oli SCARFF / AFP AseanPlus: * MMEA on high alert, strengthens fleet to tackle drug smuggling at sea * Australia, Britain sign 50-year AUKUS submarine partnership treaty * Security forces fired indiscriminately during Bangladesh protest: report * China calls for calm over border clash - The Thailand-Cambodia clash * Chinese pet clinic runs over 'untreatable' dog to 'get owner insurance payout' * Hong Kong starts building city's first public hydrogen charging system for EVs * US continues to have 'productive' talks with South Korea to reduce 'unfair' trade barriers: White House * Sri Lanka to waive visa fees for 40 more countries to boost tourism * Economists doubt Trump outlook that US will sell 'so much' beef to Australia * Beijing issues warning of geological disasters after intense rainfall * Day of prayers for victims after Bangladesh jet crash * Three injured in Seoul stabbing attack * Hongkonger suffers knife wounds in bar fight involving 10 people * Pakistan says it's close to US trade deal, Washington gives no timeline * Taiwan holds historic recall vote that could swing legislature * Trump administration issues plan to limit AI exports to China * No Cantonese, no career? Can Hong Kong do more to help ethnic minority groups? * C-drama 'Coroner's Diary' is a big hit in South-East Asia and also major favourite now with global fans * Hong Kong dancer Mo Li shares first image of his face since Mirror show accident * Van and pick-up vehicle collision leaves four women dead, 10 injured in India's Rajasthan * Thousands of men shared non-consensual intimate photos on Telegram: Chinese media * Korean actor Ji Seung-hyun looks forward to trying satay and laksa on his first visit to Malaysia * Japan to end limits on women's roles in the Self-Defence Forces, allowing them to work in contaminated areas * Sudden deaths likely linked to genetics and lifestyle, not Covid-19 vaccination: India's Union Health Minister Nadda * South Korean father who allegedly shot son with homemade gun at birthday party says he 'felt betrayed' * Pakistan urges global social media platforms to block accounts run by banned militant groups * Trump wants it, but India is doing it -- A new iPhone factory in an out-of-the-way corner of India * HK actress Myolie Wu dispels rumours with family vacation in the Maldives * Japanese legend Tamiya, the man who brought perfection to plastic race car models, dies at 90 * Ex-Hong Kong social worker given community service for defrauding authorities * Stay alert for chikungunya fever threat, leading expert tells Hongkongers * South Korea to prepare mutually agreeable trade package as US tariff deadline looms * Cricket - Root climbs to second on all-time Test list as England dominate hapless India * Cricket will be part of the 2026 Asian Games, says ACC * Motor racing - Verstappen wins Red Bull's first race since Horner's exit * Badminton - Pearly-Thinaah lose to home pair in China Open semis / Aaron-Wooi Yik power into China Open final * Ten-year-old dances her way to history - Sabahan ballerina win silver in the ballet solo event at Dance World Cup (DWC) 2025 finals in Spain
Free Malaysia Today
7 hours ago
- Free Malaysia Today
BN-PH pact likely to continue for GE16, but may change after that, says Zahid
Ahmad Zahid Hamidi said BN is firm on continuing its alliance with PH in the run-up to the next nationwide polls despite calls for it to go solo. PETALING JAYA : While Barisan Nasional plans to continue its alliance with Pakatan Harapan in the next general election (GE16), BN chairman Ahmad Zahid Hamidi says its strategies for elections after that may change. Zahid, the Umno president, acknowledged that there were calls for BN to contest in GE16 on its own, but said the coalition is firm on continuing its alliance with PH. However, he said BN's political strategies for the general elections that follow will be determined by the electoral performance of the parties in the alliance, Berita Harian reported. 'We do not know how many seats we will have, and how many seats they will have. 'Remember that, in Malaysia, differences in views are conventionally based on differing party 'colours'. We are willing to forget our different 'colours' for the sake of political stability,' he was quoted as saying. The Umno-led BN played a crucial role in enabling Prime Minister Anwar Ibrahim to form the unity government in the wake of the 2022 general election, which resulted in a hung Parliament. PH had won 81 parliamentary seats while BN won 30, in what was the latter's worst electoral performance to date.
