Manufacturing investment amounting to RM11.3b realised under MADANI Government

A TOTAL of RM11.3 billion in manufacturing investments has been realised under the administration of the MADANI government, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

In a video shared on his social media channels, Tengku Zafrul said the sum reflects investment from 11 manufacturers that have already commenced operations across the country.

“This is just a portion of the companies that have started operations. If we include those with plants currently under construction, the figure would be even higher,” he said.

Among the companies now operational is INV New Material Technology (M) Sdn Bhd in Penang, with an investment of RM3.2 billion. Others include Alliance Contract Manufacturing Sdn Bhd, operating in both Penang and Kedah with RM1.5 billion, and Chery Corporate Malaysia Sdn Bhd in Selangor with RM1.4 billion.

Dominant Opto Technologies Sdn Bhd in Melaka has invested RM1 billion, while Cosmx Technology Malaysia Sdn Bhd in Penang has committed RM921 million.

Tengku Zafrul’s remarks underscore the government’s continued efforts to strengthen Malaysia’s industrial base and attract high-value investments aligned with its MADANI economic vision.

On Wednesday, Tengku Zafrul cited that the 13th Annual Consultation Meeting between Malaysia and Indonesia concluded on a positive note, with both nations affirming stronger economic collaboration, particularly in cross-border investments and the development of the halal industry.

Prime Minister Datuk Seri Anwar Ibrahim and Indonesian President Prabowo Subianto held wide-ranging discussions that delivered “tangible outcomes”, according to a post shared by a senior Malaysian official following the talks.

“I’m excited by the potential for deeper cooperation, which, God willing, will boost cross-border investment and strengthen our region’s competitiveness globally,” the official said.

The two leaders also reiterated their joint commitment to the development of Indonesia’s new capital city, Ibu Kota Nusantara (IKN). This opens new opportunities for Malaysian companies, including government-linked companies (GLCs) and government-linked investment companies (GLICs), to participate in infrastructure and green technology projects.

This partnership is expected to further reinforce ASEAN’s regional value chain while advancing efforts toward digital economic growth and sustainable development across Southeast Asia. - July 30, 2025