Latest news with #RM7.39
BusinessToday
3 days ago
- Business
- BusinessToday
MIDA: Malaysia Nets RM4.68 Billion In Potential Investments From Japan At Osaka Expo
Malaysia made a strong economic showing at Expo 2025 Osaka as the nation secured RM4.68 billion in potential investments from Japan, the Malaysian Investment Development Authority (MIDA) said. This figure represents a major milestone, accounting for 56.9% of the RM7.39 billion in total investments attracted under Malaysia's Expo participation. The achievement was announced during the opening ceremony of the Malaysia Pavilion, officiated by Deputy Prime Minister Datuk Seri Fadillah Yusof and attended by Deputy Minister of Investment, Trade and Industry Liew Chin Tong. 'Expo 2025 Osaka is the platform for Malaysia to demonstrate its value as a future-ready, innovation-driven and sustainability-conscious partner. 'The investments secured reflect global confidence in Malaysia's green economy and digital transformation agenda,' Liew said. The RM4.68 billion investment milestone follows a targeted investment mission across Kyoto, Kobe, Osaka and Tokyo from April 12-19, 2025, led by MIDA Deputy Chief Executive Officer Sivasuriyamoorthy Sundara Raja. The mission featured high-level meetings with major Japanese corporations in advanced manufacturing, clean energy and technology-driven sectors. MIDA Chief Executive Officer Datuk Sikh Shamsul Ibrahim said the investment value underscores Malaysia's strong investment fundamentals and the strategic trust Japanese partners place in Malaysia. 'MIDA will continue to anchor high-quality investments that align with our national priorities,' Sikh Shamsul added. Malaysia is targeting RM13 billion in investment and trade outcomes from the Expo, focusing on seven priority sectors: Sustainable agriculture, renewable energy, smart living, green manufacturing, industrial reform, environmental management and the halal industry. Related
New Straits Times
3 days ago
- Business
- New Straits Times
Malaysia secures RM4.7bil in investment leads from Japan at Osaka Expo
KUALA LUMPUR: Malaysia has secured RM4.68 billion in potential investment leads from Japan through a recent mission tied to Expo 2025 Osaka, according to the Malaysian Investment Development Authority (Mida). The leads, secured through engagements in Kyoto, Kobe, Osaka and Tokyo, make up nearly 57 per cent of the RM7.39 billion in total potential investments linked to Malaysia's presence at the expo so far. "This achievement reflects the strength of Malaysia's investment proposition and the strategic trust placed in us by Japanese partners," Mida chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said in a statement. He said Mida would continue to facilitate high-quality investments aligned with national priorities in clean energy, innovation and sustainability. The investment promotion effort included one-on-one meetings with Japanese companies and a seminar in Osaka highlighting opportunities in green and high-value sectors. Investment, Trade and Industry Deputy Minister Liew Chin Tong, who officiated the Malaysia Pavilion, said the Expo is a platform to demonstrate the country's positioning as a "future-ready, innovation-driven and sustainability-conscious partner." A key outcome so far is the signing of a memorandum of understanding between Sarawak Energy Bhd and the Japan Bank for International Cooperation to advance clean energy collaboration. The Malaysia pavilion, expected to host over 150 business engagements during the six-month expo, is part of the government's broader strategy to generate RM13 billion in investment and trade outcomes.
