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
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