Government Attracts Over RM70.7 Bln In Investments Through NSS As Of June 2025 — Lim

GEORGE TOWN, Nov 26 (Bernama) -- The government has successfully attracted more than RM70.7 billion in investments under the National Semiconductor Strategy (NSS) since its launch last year until June 2025.

Deputy Finance Minister Lim Hui Ying said this includes RM6.6 billion from domestic sources and RM64.1 billion from foreign investments, alongside the creation of over 36,000 high-skilled jobs in management, engineering, and technical fields.

She said the NSS aims to strengthen the country’s capabilities in chip design, advanced packaging, fabrication, and the adoption of new technologies, including artificial intelligence (AI) and automation.

"In line with this aspiration, the 13th Malaysia Plan has set a target for Malaysia to become a regional digital technology production hub that leads innovation and the production of 'Made by Malaysia'  products and services," she said in her speech during the launch of the TM Future Skills (TMFS) programme at Sekolah Menengah Kebangsaan Agama (P) AlMashoor here today.

Launched on May 28, 2024, the NSS is a government initiative to transform the country into a global semiconductor powerhouse through a three-phase plan supported by RM25 billion in fiscal support and targeted incentives.

It aims to attract significant investment, develop local champions, and cultivate a skilled workforce, with the goal of elevating Malaysia's position in the semiconductor value chain, particularly in integrated circuit design, advanced packaging, and manufacturing equipment.

Previously, Telekom Malaysia Bhd's social responsibility arm, TM Foundation, launched TMFS at SMKA (P) AlMashoor, one of 35 adopted schools nationwide under the Malaysia MADANI Adopted School initiative, which is expected to benefit more than 60,000 students through collaborative learning, digital training, and enhanced teacher preparedness.

Lim said that through the programme, the ministry is taking a sustainable approach by providing digital rooms, science, technology, engineering, and mathematics (STEM) equipment, teacher training, student training, sports development, and personality development activities to ensure long-term benefits for every adopted school.

"The Ministry of Finance, as the coordinator, ensures that each industry participant provides long-term value and enhances the capacity of selected schools, in line with the MADANI Economy framework, which empowers the people's economy through comprehensive and inclusive educational opportunities," she added.

-- BERNAMA