MIDA Secures RM7.3 Bln Potential Green Investments At IGEM 2025
KUALA LUMPUR, Oct 21 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has secured RM7.3 billion potential green investments during the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) 2025.
MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the achievement demonstrates global capital recognition of Malaysia’s efforts in building a sustainable industrial ecosystem that creates value for investors while delivering prosperity for all Malaysians.
These efforts are backed by the MADANI Economy Framework, the New Industrial Master Plan 2030, the National Energy Transition Roadmap and the Green Investment Strategy that serve as Malaysia’s blueprint to capture opportunities from Asia’s trillion-dollar green economy.
“This is how we turn net-zero ambitions into net-positive growth,” he said in a statement today.
According to MIDA, the potential investments are just the beginning of Malaysia’s green transformation.
With data centres and manufacturers seeking sustainable power solutions, and global corporations establishing regional green hubs, the nation is poised to become the premier hub of green energy.
IGEM 2025 also saw 38 high-stakes business matchmaking sessions, and MIDA had also formalised a memorandum of understanding with Malayan Banking Bhd (Maybank) to promote Malaysia as a preferred destination for high-value and sustainable investments.
“This collaboration leverages both organisations’ networks, expertise, and resources to attract quality investments that advance the adoption of green technology, as well as environmental, social, and corporate governance (ESG) practices and Industry 4.0 solutions,” it said.
Meanwhile, MIDA's Biz Bridge business matching initiative, co-organised with the Malaysian Photovoltaic and Sustainable Energy Industry Association (MPSEA), proved instrumental in connecting green energy suppliers and demand offtakers, creating a robust marketplace for renewable energy generation and sustainable industrial development.
MPSEA president Justin Sim said the collaboration remains key to accelerating the clean energy transition.
“Biz Bridge provides a valuable platform for industry players to forge partnerships that accelerate the deployment of green technologies, attract sustainable investments, and position Malaysia as a leading clean energy hub in ASEAN,” he said.
Throughout IGEM 2025, MIDA showcased its comprehensive investor facilitation framework for potential investors, promoting green investment under the Green Investment Strategy for seven strategic levers, and highlighting the Green Investment Tax Allowance as well as the Green Income Tax Exemption.
-- BERNAMA