Miti Blog

Ministry of International Trade and Industry Malaysia Official Blog

Tag Archives: MID

April 21, 2017 , by Nor Diana Mohamad Sadek

Being the government's principal agency responsible for the investment promotion and coordination of industrial development and selected services sector, MIDA has identified several strategies and approaches in supporting the government’s agenda to further encourage domestic investments by private sectors and GLICs.

Acknowledging PNB as the biggest GLIC in Malaysia, MIDA has taken the initiative to foster closer working relationships with PNB by organising a dialogue session between YB Dato’ Sri Mustapa Mohamed, MITI Minister , top management MITI & MIDA with the Group Chairman PNB, YBhg. Tan Sri Abdul Wahid Omar and top management of PNB Group of Companies on 17th April 2017.

During the session which lasted for almost 2 hours, YB Minister highlighted to PNB on the need to support Malaysian companies to participate in PNB’s various projects and initiatives locally and abroad. YB Minister also congratulated UMW for the collaboration with Rolls Royce; and requested UMW to...

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April 12, 2017 , by Nur Alia Shamsul Hidzry

SME Bank targets to approve financing worth RM222 million to eligible companies for their business expansion during SME Bank Mini XCESS for Sarawak Region. SME Bank Mini XCESS is an annual event held with the aim to reach out to the SME entrepreneurs directly. From January to now, the Bank has engaged with approximately 1,500 SME entrepreneurs and Bintulu is the last venue for the first series of the programme this year.


The annual Outreach Programme is one of the Bank’s efforts in resolving issues pertaining to access to financing and the response from SME entrepreneurs thus far have been very positive.

SME Bank is committed towards assisting the SME entrepreneurs in Sarawak, particularly in Bintulu and its eco-system to ensure that the development projects initiated by the State Government will be achieved according to plan. SME Bank Sarawak Regional Centre operates with four network of branches namely Kuching Enterprise Centre, Miri Enterprise Centre, Bintulu Business...

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March 29, 2017 , by Nor Diana Mohamad Sadek

The Ministry of International Trade and Industry through the National Aerospace Industry Coordinating Office (NAICO) made its biggest appearance ever in the Langkawi International Maritime and Aerospace Exhibition 2017 (LIMA ‘17). This is part of MITI’s efforts in promoting the development of Malaysian aerospace and Shipbuilding & Ship Repair (SBSR) industries.


Day 1: 21 March 2017 (Tuesday)

LIMA’17 was officially opened by YAB Dato’ Sri Mohd Najib Tun Abdul Razak, Prime Minister at the Mahsuri International Exhibition Centre (MIEC) Tarmac. The Opening Ceremony was also attended by MITI Minister YB Dato’ Sri Mustapa Mohamed and MITI Deputy Minister (Industry) YB Datuk Ahmad Maslan. During the Opening Ceremony, the Prime Minister highlighted MITI’s role in the development of aerospace industry through National Aerospace Industry Coordinating Office (NAICO). The 2016 achievement of the Malaysian aerospace industry was also announced by the Prime Minister.

MITI had...

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Malaysia France Business Luncheon & MoU Signing Ceremony at Menara MITI – 28 March 2017
March 28, 2017 , by Nur Alia Shamsul Hidzry

Signing ceremony took place at the Ministry of International Trade and Industry (MITI) subsequent to a luncheon hosted by YB Minister, with the presence of His Excellency Christophe Sirugue, the French Minister of State for the Industry, Digital Sector and Innovation attached to the Ministry of Economy and Finance. Both Ministers witnessed the signing and exchange of two MoUs and one Letter of Intent (LoI) between Business France and three Malaysian Government Agencies namely Malaysian Investment Development Authority (MIDA), Malaysia External Trade Development Corporation (MATRADE), and Talent Corporation Malaysia Berhad.

The MoU between Business France and MIDA aims to promote cooperation in investment and business as well as commercial and industrial partnerships between France and Malaysia. Dato’ Azman Mahmud, the CEO of MIDA and Mr. Frédéric Rossi, COO of Business France signed on behalf of their organisations.

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March 23, 2017 , by Nor Diana Mohamad Sadek

The Ministry of International Trade and Industry through the National Aerospace Industry Coordinating Office (NAICO) made its biggest appearance ever in the Langkawi International Maritime and Aerospace Exhibition 2017 (LIMA ‘17). This is part of MITI’s efforts in promoting the development of Malaysian aerospace and maritime industry.

Day 1: 21 March 2017 (Tuesday)

The event started with the Opening Ceremony of LIMA’17 at Mahsuri International Exhibition Centre (MIEC) Tarmac officiated by YAB Dato’ Sri Mohd Najib Razak, Prime Minister. YB Dato’ Sri Mustapa Mohamed, MITI Minister and YB Datuk Ahmad Maslan, MITI Deputy Minister (Industry) also attended the function. 

MITI had a soft launch of the Malaysian Aerospace Industry Report (AIR) 2016/2017. The Report highlighted the aerospace industry performance in 2016 based on the strategies and targets set in the Malaysia Aerospace Industry Blueprint 2030. YB Minister MITI also witnessed the exchange of eight (8) MoU’s/...

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March 20, 2017 , by Nor Diana Mohamad Sadek

With the theme ‘Bridging Gaps, Building Opportunities’, MIDA in collaboration with CIDB organised a Specialised Building Materials Supply Chain Conference on 16 March 2017 at MIDA HQ, which was attended by over 600 participants.

Given the on-going robust infrastructure development in Malaysia, there are many opportunities for our local building material suppliers to participate in mega development projects that are well underway in the country. Malaysian products and companies are scattered all over the globe. This underscores the capabilities of the industry players and service providers that the country has.

The Conference featured the signing of three Memorandums of Understanding (MoUs) between Forest City with Universiti Teknologi Malaysia (UTM), Kumpulan Pendidikan Yayasan Pelajaran Johor (KPYPJ) and Lafarge. There were also two presentations namely ‘Construction Supply Chain – Winning in a Transforming Industry’ and ‘Opportunities and Capabilities of Malaysian...

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March 6, 2017 , by Nor Diana Mohamad Sadek

YB Dato’ Sri Mustapa Mohamed, Minister of International Trade and Industry made an announcement on Malaysia’s Investment Performance for the year 2016 on 2 March 2017 at MIDA HQ in KL Sentral. The event was well attended by more than 200 delegates comprising officials from embassies, ministries and agencies as well as the business community.

Malaysia has become  more selective in its investment agenda, preferring quality projects in targeted ecosystems that will have significant knock-on effects throughout the domestic economy. Last year, the country attracted RM207.9 billion in total approved investments that will fund 4,972 projects in the manufacturing, services and primary sectors. These are expected to create 153,060 job opportunities for the country.

The ratio of foreign and domestic investments is in line with the Government’s aspiration for domestic investments to assume the pivotal role of driving Malaysia’s investment agenda, with 71.6% being contributed by...

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February 28, 2017 , by Nor Diana Mohamad Sadek

28 Feb 2018 - YB Dato' Sri Mustapa Mohamed, Minister of International Trade and Industry together with HE Dr. Ghassan Ahmed Al-Sulaiman, Governor of Small and Medium Enterprise Authority of Saudi Arabia, officiated the Malaysia-Saudi Arabia Business Forum organized by the Ministry of Commerce and Investment, Saudi Arabia through its Commercial Office in Kuala Lumpur. The event was held in collaboration with the Ministry of International Trade and Industry (MITI), Malaysia External Trade Development Corporation (MATRADE) and Malaysian Investment Development Authority (MIDA).

The objectives of the Business Forum were to:

• Promote and highlight business and investment opportunities in Malaysia and Saudi Arabia; and

• Provide a platform to discuss and exchange views on issues related to trade and investment and ways to enhance bilateral economic relations.

More than 550 participants attended this Forum, the majority of which were prominent members of Malaysian business...

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February 23, 2017 , by Nor Diana Mohamad Sadek

YB Dato’ Sri Mustapa Mohamed, the Minister of Trade and Industry visited the world’s largest sporting goods retailer, Decatholon’s premise at Bandar Sri Damansaraon 23 February 2017. The visit was in-response to the invitation by Mr Dong Meng, the Chief Executive Officer of Decathlon Malaysia, who met the Minister during his working visit to Paris in November last year.

Decathlon is one of the many success stories of companies that have found Malaysia a vibrant place to do business. YB Minister first met the company in early May 2015 which led to the establishment of Decathlon’s Representative Office in Malaysia within the same month. In a short span of one year since its entry as a Representative Office, the company has now opened its one-stop sport retail entertainment centre, the first-of-its-kind in Malaysia in May 2016.

MITI and MIDA are now actively discussing with Decathlon on their plans to make Malaysia as its regional distribution centre to better serve their...

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February 23, 2017 , by Nor Diana Mohamad Sadek

On Monday, 20th February 2017, YB Datuk Chua Tee Yong, Deputy Minister of International Trade and Industry (“MITI”) had visited three companies in Ipoh, Perak, to view their facilities and learn more about each company’s operations and successes. The companies visited were the Chek Hup Group of Companies, MRC Industries Sdn Bhd, and Ipoh International School Sdn Bhd. The Chek Hup Group of companies is a manufacturer of rock sugar and instant beverages such as coffee, tea, and chocolate drinks. They have leveraged upon the soft loan schemes extended by MIDF since 2008, namely the Soft Loan Scheme for Small & Medium Enterprises (“SLSME”). YB Datuk Chua then visited Ipoh International School Sdn Bhd, which operates the Tenby Schools in Ipoh. In 2009, the company received financial support through a Soft Loan Scheme for Services Development Capacity Development (“SLSCD”) approved by MIDF. The Minister’s official call then concluded with a visit to MRC Industries Sdn...

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