MIDA, Japan Embassy To Explore Deeper Collaboration For Japanese Businesses

KUALA LUMPUR, April 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and the Embassy of Japan in Malaysia have agreed to explore enhanced collaboration frameworks to support Japanese businesses seeking to establish or expand their operations in Malaysia.

MIDA said the collaboration will focus on economic security through supply chain resilience and green transformation, in alignment with Malaysia's National Energy Transition Roadmap and Japan's Asia Zero Emission Community initiative.

“It will also focus on high-value technology sectors, including semiconductors, artificial intelligence, and advanced manufacturing.

“Looking ahead, Japanese investment is anticipated to deepen across manufacturing, semiconductors, digital transformation, and sustainability sectors in 2026,” it said.

MIDA chairman Tengku Datuk Seri Utama Zafrul Aziz said Malaysia and Japan have long been reliable economic partners, built on decades of investment, trade and industrial cooperation.

“This strong foundation positions both countries well for the next phase of growth. In today's highly volatile global environment, closer coordination and mutual support are essential to maintaining resilience and stability across our supply chains.

“Malaysia and MIDA, in particular, remain fully committed to providing policy clarity and efficient execution — the fundamentals that continue to underpin our long-term stability as an investment destination, giving Japanese businesses the confidence to establish or expand their footprint in Malaysia,” he said.

Tengku Zafrul said this during a fireside chat with Japanese Ambassador to Malaysia, Noriyuki Shikata, held at MIDA headquarters, Kuala Lumpur Sentral, here.

Meanwhile, Shikata echoed a similar sentiment, emphasising that the current global environment requires closer cooperation on supply chain resilience and industrial modernisation.

“Malaysia has long been one of Japan's most important economic partners in Southeast Asia. Our partnership is grounded in mutual trust and has been strengthened through decades of investment, trade and industrial collaboration.

“In today's increasingly uncertain global environment, closer cooperation between Japan and Malaysia is more important than ever,” he said.

The fireside session was attended by approximately 100 participants, including key Malaysian government stakeholders and prominent representatives from the Japanese business and financial community.

-- BERNAMA