What joint investment promotion activities will MIDA and EDB undertake?

Question

Accepted Answer

MIDA and EDB to Intensify Joint Investment Promotion Efforts in Iskandar Malaysia

The Malaysian Investment Development Authority (MIDA) and the Singapore Economic Development Board (EDB) are set to significantly increase their collaborative investment promotion activities throughout 2022 and 2023. This intensified effort is specifically aimed at facilitating greater investment into the Iskandar Malaysia economic corridor.
Enhanced Joint Promotion in 2022/2023

MIDA and EDB have committed to actively engaging in more joint investment promotion initiatives over the coming year and a half. The primary objective of these coordinated efforts is to attract and channel investments into Iskandar Malaysia, thereby bolstering its economic development and post-pandemic recovery.
Focus on Investment and Innovation

The agreement to enhance joint promotion activities stems from a broader commitment between Malaysia and Singapore to focus on investment and innovation as key drivers for economic recovery following the global pandemic. This strategic alignment aims to reinforce Iskandar Malaysia's capacity to foster a resilient economic ecosystem.
Broader Collaboration Under JMCIM

These specific investment promotion activities are part of a wider framework of collaboration agreed upon during the 15th Malaysia-Singapore Joint Ministerial Committee for Iskandar Malaysia (JMCIM) meeting. The JMCIM also highlighted other areas of cooperation, including technical and vocational education and training programmes, as well as improving cross-border transportation and connectivity.

Reading history

Hide →

This history is cleared when the page is closed.

What joint investment promotion activities will MIDA and EDB undertake?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends