Special incentives to attract investors

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KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin said foreign investors, including Fortune 500 companies, have continued to show interest in investing in Malaysia due to various incentives offered by the government.

“We offer special incentives. This is our way of attracting investors. It is important that we increase investment but set our eyes on sectors such as high technology and digital, ” he said.

He recently launched the MyDigital Initiative via the Malaysia Digital Economy Blueprint, which is aimed at accelerating the country’s transformation into a technologically advanced economy by 2030 by improving digital literacy, creating high-income jobs and making banking and finance business easier, among others.

Specific initiatives implemented include the setting up of the Project Acceleration and Coordination Unit and various online platforms such as i-Incentive, which have also expedited the realisation of investments.

 

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