MALAYSIA has received another boost to its economic outlook as global technology giant Intel Corporation plans to expand its investment in the country.
Prime Minister Datuk Seri Anwar Ibrahim confirmed he received a briefing from Intel’s chief executive officer Tan Lip Bu and his team on the latest developments regarding the company’s expansion plans.
“I received a briefing yesterday from Intel Corporation chief executive officer Tan Lip Bu and his team on the latest developments regarding Intel’s investment expansion in Malaysia,” the prime minister said in a social media post.
The discussions focused on supporting the development of Intel’s advanced packaging complex as well as assembly and testing operations, which form the core of the company’s investment in Malaysia.
Anwar, who also serves as Finance Minister, noted that Intel Foundry executive vice-president and general manager Naga Chandrasekaran outlined plans to commence the first phase of the complex, encompassing assembly and testing for advanced packaging.
“I welcome Intel’s decision to start operations at the complex later this year,” Anwar said.
The Prime Minister stressed the importance of continuous training and upskilling for local talent across the value chain.
He said this effort is vital to the government’s goal of generating high-value employment, in line with the aspirations of the MADANI Economy.
“The MADANI government machinery will continue to be a partner and facilitator for investments that clearly provide long-term benefits, as targeted in the plans that have been launched, including the National Semiconductor Strategy,” he added.
Intel’s expanded operations are expected to support Malaysia’s broader ambition to become a competitive technology hub in the region.
The emphasis on skill development aims to ensure that local professionals are equipped to meet advanced manufacturing and semiconductor industry requirements, creating a pipeline of talent for high-value roles.
Separately, the Prime Minister emphasised that Malaysia’s stability relies on unity and shared progress.
Reflecting on his recent visit to Sabah, he said the trip provided an opportunity to engage with local leaders, civil servants, small business owners, and young people, whom he described as the “driving hope” for the state and nation.
“Sabah reminds us that Malaysia’s strength lies not only in its resources but also in the harmony of its people, who live in a spirit of consensus and mutual respect, alongside the MADANI Government’s ongoing commitment to fulfilling the Malaysia Agreement 1963 (MA63) for the well-being of the people,” he wrote. - March 17, 2026
