Malaysia

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

Eleven companies now operational nationwide as Malaysia’s industrial investment drive gains momentum, says MITI Minister

Updated 10 months ago · Published on 30 Jul 2025 1:01PM

Manufacturing investment amounting to RM11.3b realised under MADANI Government
Tengku Zafrul says the sum reflects investment from 11 manufacturers that have already commenced operations across the country - July 30, 2025

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

Spotlight

Malaysia

Anwar congratulates Modi on becoming India's longest-serving elected PM

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

People

Malay kampongs in Bangkok: Echoes of southern heritage in Thailand’s capital

Opinion

Johor MB’s exclusionary rhetoric betrays the people, exposes UMNO’s political hypocrisy

Malaysia

Johor and NS polls first major test of post PAS-Bersatu political order

Malaysia

Claimed installation of 12th N. Sembilan ruler invalid - Pengelola Bijaya Diraja

Malaysia

4WD driver who drove backwards on highway nabbed, positive for drugs (video)

By Ian McIntyre

Malaysia

Seven in ten Malaysian workers earn RM5k or less - economist

You may be interested

Malaysia

Fiscal deficit target under pressure as surging subsidy costs test Malaysia’s consolidation plans

Malaysia

Ex-MACC chief Azam Baki files defamation suit against businessman Albert Tei

Malaysia

PAS to discuss position in PN with Gerakan, MIPP this week

Malaysia

MACC - MOF deepen alliance to pursue high-profile graft cases and asset recovery

Malaysia

Fatal road accidents claim at least 16 lives in little more than a week

Malaysia

Two women killed after being thrown from Myvi in Batang Sadong bridge crash

Malaysia

PAS not contesting solo in Johor PRN, new political alignment formed

Malaysia

Johor and NS polls first major test of post PAS-Bersatu political order