InvestKL, a government agency in Malaysia, has announced that it has secured RM2.48 billion in investments, which is expected to create over 6,800 executive job opportunities in the country. Despite the ongoing global challenges, these investments highlight Greater Kuala Lumpur’s strong position as a top investment destination, attributed to its digital infrastructure, ease of doing business, innovative tech activities, and talent nurturing environment.
The Minister of Investment, Trade and Industry, Datuk Seri Tengku Zafrul Tengku Abdul Aziz, emphasized Malaysia’s commitment to attracting strategic investments and creating a high-value business ecosystem. He praised InvestKL’s success in securing quality investments, which has further enhanced Malaysia’s competitiveness and resilience on the global stage.
InvestKL’s CEO, Datuk Muhammad Azmi Zulkifli, expressed confidence in their target to attract investments in global services hubs within the digital and technology sector. This will contribute to the creation of high-skilled jobs for Malaysians. He added that the strong momentum observed in the first half of the year positions Greater Kuala Lumpur as a leading investment destination in the Asia Pacific region.
The global technology investment is expected to grow by 5.1 percent in 2023, and Malaysia is well-positioned to capitalize on this surge. The country has witnessed a rising number of digital and data centers, with foreign investors demonstrating keen interest in digital, technology, and artificial intelligence sectors. These developments align with Malaysia’s goal of becoming the Digital Hub of ASEAN and achieving sustainable development.
InvestKL has successfully attracted over 130 global services hubs of multinational companies to Greater Kuala Lumpur, employing more than 19,000 executives with attractive salaries. The agency aims to secure RM35 billion in investments by 2030, with a focus on attracting investments within the digital and technology sectors.
The investments secured by InvestKL reflect the confidence of foreign investors in Malaysia’s business landscape and its potential for long-term sustainable economic growth. The country’s resilient recovery from the pandemic and conducive business environment continue to position it as an attractive investment destination in the region.
InvestKL’s achievements in securing investments and job opportunities are commendable, demonstrating Malaysia’s commitment to fostering economic growth through strategic investments and innovation. This will ultimately contribute to the overall prosperity and development of the nation.
