Latest news with #InvestKL
The Star
6 days ago
- Business
- The Star
InvestKL secures RM2.8bil committed investments in the first half
InvestKL CEO Datuk Muhammad Azmi Zulkifli. KUALA LUMPUR: Lead investment agency for Greater Kuala Lumpur (KL), InvestKL, has secured RM2.8bil in committed investments in the first half of 2025 (1H25), anchoring five new regional hubs in the area and creating 1,197 high-skilled job opportunities. InvestKL chief executive officer Datuk Muhammad Azmi Zulkifli said the investments demonstrated continued confidence in Malaysia's strong fundamentals and marked a milestone in enhancing the region's ease of doing business. 'As global companies adapt to evolving market conditions, including trade realignments and rising tariffs, Greater KL offers a future-ready ecosystem underpinned by robust infrastructure, world-class talent and proactive government support. 'We are also seeing strong momentum in artificial intelligence, digital, and technology-driven investments. It is testament to Malaysia's strategic focus on high-value, innovation-led activities that will ensure long-term competitiveness and economic resilience,' he said. In a statement, InvestKL said the achievement reinforced Greater KL's rise as a strategic destination for global companies investing in high-value, innovation-driven services, a key pillar in Malaysia's strategy for long-term economic resilience. It said the 1,197 new jobs spanned regional, specialist and support functions, with average executive salaries exceeding RM11,700 per month. It added that the new investments include sectors like information technology infrastructure, consumer healthcare, materials science, financial asset servicing and renewable energy. The hubs would serve as platforms for regional growth, advancing Malaysia's position in the global services value chain, it noted. 'This milestone brings InvestKL's cumulative achievements to over 150 global services hubs and 31,000 high-skilled jobs since inception. It aligns with the Madani Economic Framework, National Investment Aspirations and New Industrial Master Plan 2030,' it said. — Bernama
Malay Mail
7 days ago
- Business
- Malay Mail
InvestKL lands RM2.8b investments, 1,197 high-skilled jobs in H1 2025
KUALA LUMPUR, Aug 6 — Lead investment agency for Greater Kuala Lumpur (KL) InvestKL has secured RM2.8 billion in committed investments in the first half of 2025 (1H 2025), anchoring five new regional hubs in the area and creating 1,197 high-skilled job opportunities. InvestKL chief executive officer Datuk Muhammad Azmi Zulkifli said these investments demonstrate continued confidence in Malaysia's strong fundamentals and mark a milestone in enhancing the region's ease of doing business. 'As global companies adapt to evolving market conditions, including trade realignments and rising tariffs, Greater KL offers a future-ready ecosystem underpinned by robust infrastructure, world-class talent and proactive government support. 'We are also seeing strong momentum in artificial intelligence, digital, and technology-driven investments. It is a testament to Malaysia's strategic focus on high-value, innovation-led activities that will ensure long-term competitiveness and economic resilience,' he said. In a statement, InvestKL said this achievement reinforces Greater KL's rise as a strategic destination for global companies investing in high-value, innovation-driven services, a key pillar in Malaysia's strategy for long-term economic resilience. It said the 1,197 new jobs span regional, specialist and support functions, with average executive salaries exceeding RM11,700 per month. It added that the new investments span sectors including information technology infrastructure, consumer healthcare, materials science, financial asset servicing and renewable energy. These hubs will serve as platforms for regional growth, advancing Malaysia's position in the global services value chain, it noted. 'This milestone brings InvestKL's cumulative achievements to over 150 global services hubs and 31,000 high-skilled jobs since inception. '(This aligns) with the Madani Economic Framework, National Investment Aspirations, New Industrial Master Plan 2030, as well as Malaysia's 12th and 13th Malaysia Plan, all of which emphasise services-led growth, innovation and inclusive development,' it said. — Bernama
The Star
7 days ago
- Business
- The Star
InvestKL secures RM2.8bil committed investments in 1H25
InvestKL CEO Datuk Muhammad Azmi Zulkifli KUALA LUMPUR: Lead investment agency for Greater Kuala Lumpur (KL) InvestKL has secured RM2.8 billion in committed investments in the first half of 2025 (1H 2025), anchoring five new regional hubs in the area and creating 1,197 high-skilled job opportunities. InvestKL chief executive officer Datuk Muhammad Azmi Zulkifli said these investments demonstrate continued confidence in Malaysia's strong fundamentals and mark a milestone in enhancing the region's ease of doing business. "As global companies adapt to evolving market conditions, including trade realignments and rising tariffs, Greater KL offers a future-ready ecosystem underpinned by robust infrastructure, world-class talent and proactive government support. "We are also seeing strong momentum in artificial intelligence, digital, and technology-driven investments. It is a testament to Malaysia's strategic focus on high-value, innovation-led activities that will ensure long-term competitiveness and economic resilience,' he said. In a statement, InvestKL said this achievement reinforces Greater KL's rise as a strategic destination for global companies investing in high-value, innovation-driven services, a key pillar in Malaysia's strategy for long-term economic resilience. It said the 1,197 new jobs span regional, specialist and support functions, with average executive salaries exceeding RM11,700 per month. It added that the new investments span sectors including information technology infrastructure, consumer healthcare, materials science, financial asset servicing and renewable energy. These hubs will serve as platforms for regional growth, advancing Malaysia's position in the global services value chain, it noted. "This milestone brings InvestKL's cumulative achievements to over 150 global services hubs and 31,000 high-skilled jobs since inception. "(This aligns) with the MADANI Economic Framework, National Investment Aspirations, New Industrial Master Plan 2030, as well as Malaysia's 12th and 13th Malaysia Plan, all of which emphasise services-led growth, innovation and inclusive development,' it said. - Bernama
New Straits Times
7 days ago
- Business
- New Straits Times
InvestKL secures RM2.8bil in 1H2025, anchors five global hubs in Greater Kuala Lumpur
KUALA LUMPUR: InvestKL has attracted RM2.8 billion in committed investments in the first half of 2025, anchoring five new regional hubs in Greater Kuala Lumpur and creating 1,197 high-skilled jobs—reinforcing Malaysia's capital as a magnet for high-value, innovation-led global services. With Southeast Asia's demand for smart, sustainable infrastructure rising sharply, Greater Kuala Lumpur is positioning itself as a regional nerve centre for global companies seeking agility, innovation, and long-term growth in an increasingly complex world. The latest wave of investments spans strategic growth sectors, including IT infrastructure, consumer healthcare, materials science, financial services, and renewable energy, signalling deepening investor confidence in Greater KL's world-class ecosystem of talent, infrastructure, and proactive governance. "These investments demonstrate continued confidence in Malaysia's strong fundamentals and mark a milestone in enhancing the region's ease of doing business," said Datuk Muhammad Azmi Zulkifli, chief executive officer of InvestKL, in a statement. The new hubs include a mainframe centre of excellence by the world's largest IT infrastructure services provider, supporting mission-critical systems across finance, healthcare, and logistics; a global business services (GBS) hub by a consumer healthcare giant, streamlining Southeast Asia operations; and a multifunctional regional hub by a global leader in materials science and digital identity, boosting advanced manufacturing and smart supply chains. The others are a financial centre of excellence offering asset servicing, regulatory compliance, and IT support across Asia-Pacific, and a digital-first services hub by a top renewable energy company, powering sustainability and green transformation efforts across the region. The new roles span regional, specialist, and support functions, with average executive salaries exceeding RM11,700 per month, underscoring Malaysia's growing appeal for knowledge-intensive and high-paying jobs. "As global companies adapt to evolving market conditions – including trade realignments and rising tariffs – Greater KL offers a future-ready ecosystem underpinned by robust infrastructure, world-class talent, and proactive government support," Azmi said. "We are also seeing strong momentum in AI, digital, and technology-driven investments – a testament to Malaysia's strategic focus on high-value, innovation-led activities that will ensure long-term competitiveness and economic resilience," he added. These latest commitments bring InvestKL's cumulative tally to over 150 global services hubs and 31,000 high-skilled jobs since its inception – advancing national goals under the Madani Economic Framework, National Investment Aspirations, the New Industrial Master Plan 2030, and the 12th and upcoming 13th Malaysia Plans.
New Straits Times
28-06-2025
- Business
- New Straits Times
Investing For Growth: Greater KL's Rise Continues
This is an Op-Ed by InvestKL CEO Greater Kuala Lumpur (Greater KL) has long been globally recognised for its immense potential. From a resource-based economy to a modern, dynamic capital city, Greater KL is thriving as a leading destination for high-value, future-focused investments in the region. We have seen a steady rise in the acknowledgement that matters most to us: multinational companies (MNCs) choosing Greater KL as their regional base and creating high-skilled job opportunities for Malaysians. As an agency instrumental to Greater KL's transformation journey, we are proud to announce that InvestKL secured RM4.08 billion in foreign investments in 2024, which will generate 4,394 executive jobs. These results reflect the collective efforts of our team and partners in strengthening Greater KL's position on the global stage. Since our inception, we have attracted over 150 global MNCs, bringing in RM33.8 billion in investments and creating 31,849 executive jobs in Greater KL. Our engagement with global business leaders consistently reaffirms one key point — Malaysia's path to becoming a high-income nation is firmly anchored in the growth of its services sector. Time and again, when benchmarked against leading nations and global cities, it becomes clear that robust, innovation-driven services are a defining hallmark of advanced economies. I am encouraged to witness Malaysia's steady progress in this space, as we strengthened our position as a regional hub for high-value services, with the services sector now contributing to the national economy. Malaysia's services sector now anchors the country's economic growth, accounting for 66.8% of total approved investments in 2024. This reflects the country's steady shift towards a modern, knowledge-based economy, and Greater KL is playing a central role in this transformation. We see this momentum as a clear signal that Greater KL is well-positioned to become a hub for high-value global services. Sectors such as digital innovation, fintech, healthcare, and customer experience are already transforming Greater KL into a base for regional and international operations. We continue to work closely with global investors who recognise this potential and are committed to growing with us. Acting on a Clear Strategy Together Malaysia's investment trajectory continues to validate its shift towards a modern, services-driven economy. Last year, Malaysia attracted RM252.7 billion in approved investments in the services industry. These investments are expected to generate over 119,000 new jobs. Of the overall investments in services, more than half (53.8%) were in the information and communication sub-sector, highlighting Malaysia's growing role as a hub for modern, high-skilled, knowledge-intensive activities. This reflects not only investor confidence but also the impact of supportive government policies such as the New Industrial Master Plan 2030 and the 13th Malaysia Plan. Strong infrastructure, skilled talent, and a business-friendly ecosystem are key factors behind this growth. A Launchpad for Growth Greater KL offers a compelling mix of competitiveness, talent, and liveability. It ranks second in Southeast Asia in the MD World Competitiveness Ranking 2023, and third Most Competitive Global Business Services Location category in Kearney's 2023 Global Services Location Index. The city ranks first in Asia for affordability, multicultural society, and modern amenities, according to International Living's Global Retirement Index 2025, and is recognised among the top 20 cities globally for digital talent in BCG and The Network's joint study, Decoding the Digital Talent Challenge. InvestKL's 150 and more leading global companies have significantly enriched the city's business ecosystem. These investments have spurred transformative activities, advanced knowledge transfer, and elevated collaborative opportunities, positioning Greater KL as a magnet for innovation and growth. Notably, the new establishments in 2024 underscore the rising investor confidence in Greater KL's strategic value and future-forward potential — among them, MODEC, a global provider of floating production solutions, which selected Greater KL to set up its Regional Engineering & Technical Competency Hub. The company cited the availability of high-skilled talent, a robust business environment, and a well-established oil and gas ecosystem as key drivers behind its decision. With Malaysia's mature energy industry and a steady pipeline of graduates, the country offers a natural fit for MODEC's regional operations. Similarly, leading software provider Access Group chose Greater KL as the base for its Global Operation Centre, drawn by the region's deep talent pool and vibrant innovation ecosystem, critical elements that support the company's long-term growth. Foundever, an American company and a global leader in customer experience, which works with more than 800 of the best digital-first brands internationally, chose to establish its very first multilingual hub in Greater KL, thanks to our uniquely skilled talent pool and robust infrastructure. InvestKL is proud to have helped connect Foundever with the local partners it needed in this endeavour, while providing support — as we do for all global MNCs — throughout their journey from setup and expansion. I am proud that InvestKL played an instrumental role in these companies' investment journey, providing end-to-end support to facilitating a smooth and efficient These companies underscore our goal of attracting high-quality investments in modern services, not only for job creation but also for knowledge sharing and long-term capability building with local institutions. But our efforts go beyond securing investments. We recognise that foreign investment is a powerful enabler of national agendas — driving job creation, talent development, and innovation-led growth. This vision is reinforced through strong public-private collaboration, which remains a cornerstone of InvestKL's strategy. By working closely with our strategic partners, we facilitate knowledge transfer and capacity building across the ecosystem. One of our flagship initiatives is the Greater KL Live Lab (GKL Live Lab), which brings together MNCs, startups, SMEs, and academia to pilot innovation and commercialise cutting-edge solutions from Greater KL. With the participation of numerous future-forward companies, it further strengthens Greater KL's position as a dynamic regional innovation hub. Greater KL and Beyond As we look ahead, Greater KL is poised to play an even more critical role in driving Malaysia's economic transformation. While companies may initially choose Greater KL as a launchpad or entry point into the region, the opportunities across other parts of Malaysia quickly become evident, making it a win for the entire nation. We fully recognise this value, now more than ever, and are proud to see multinational companies expanding their presence with multiple hubs across various states, each contributing to and strengthening the unique proposition of Malaysia as a whole. With our strong fundamentals, future-ready talent, and a vibrant ecosystem, we are well-positioned to attract the next generation of high-impact investments. At InvestKL, our commitment remains steadfast – we will continue to work hand-in-hand with leading global companies and partners to unlock new opportunities, spur sustainable growth, and help realise Malaysia's ambition of becoming a high-income, innovation-led nation. This commitment is echoed in the many initiatives and success stories taking shape across the country. These examples demonstrate Malaysia's commitment to growing as a regional leader in digital, green, and high-value services. Our policies and partnerships reflect a shared vision that spans multiple states and agencies. We at InvestKL remain committed to our mandate: supporting investor success, enabling collaboration, and strengthening Greater KL's position as a future-ready investment hub. We look forward to continuing this journey with our partners, both locally and globally.
