Tengku Zafrul: JBIC committed to support Miti in attracting high-quality investment from Japan


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz — RAJA FAISAL HISHAN/The Star

KUALA LUMPUR: The Japan Bank for International Cooperation (JBIC) is committed to supporting the Ministry of Investment, Trade and Industry (MITI) in attracting high-quality investment from Japan, particularly in the sustainable energy sector and high-tech industrial development.

Its Minister, Tengku Datuk Seri Zafrul Abdul Aziz, stated that this high-quality investment will help accelerate Malaysia’s economic growth.

"Close cooperation with JBIC will strengthen Malaysia’s position as a regional investment hub for green technology and digital infrastructure.

"This move aligns with the goals of Budget 2025 to drive innovation and sustainability, providing significant benefits to the people and the national economy,” he said on X today.

Earlier, Tengku Zafrul met with a JBIC delegation led by its chairman and special advisor to the Japanese government, Tadashi Maeda.

Among the discussions were strategic opportunities in areas such as green energy, digital technology, and semiconductors, which are key focuses under the New Industrial Master Plan (NIMP 2030), the National Semiconductor Strategy (NSS), and the Green Investment Strategy (GIS), he noted. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia’s capital market hits RM4 trillion milestone, driven by strong domestic growth and IPO surge
TopVision makes ACE Market debut with 18% premium
China November industrial output rises 5.4%, above expectations
Foreign investors extend Bursa Malaysia sell-off with RM882.4mil outflow
Bitcoin surges above US$106,000 on strategic reserve hopes
Ringgit up marginally against US dollar in early trade
FBM KLCI inches up in early trade; TopVision shines in debut
Trading ideas: Axiata, Yinson, Datasonic, Exsim Hospitality, Lotte Chemical Titan, T7
Experts see big expansionary moves ahead by China’s government
MicroStrategy, Palantir added to Nasdaq 100, with Moderna facing an exit

Others Also Read