: The two-day inaugural KL20 Summit 2024, which commenced yesterday, witnessed the Malaysian government reaffirming its commitment to attracting more global unicorns through a comprehensive roadmap showcasing attractive packages and incentives.launch of the KL20 Action Plan paper yesterday, highlighting government reform strategies, was seen as a stepping stone for local Malaysian startups to fortify their presence.
He emphasised that KL20 initiatives are already underway, including the Venture Capital Golden Pass, Innovation Pass, Unicorn Golden Pass, Graphics Processing Unit Scheme, Innovation Belt, and the Single Window. CIC highlighted Malaysia’s growing appeal as an investment destination due to its strategic location, global market access, and liberalised equity ownership.
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