The Malaysian Investment Development Authority (MIDA) and CIMB Bank have signed a memorandum of understanding (MoU) to work together on boosting high-value and sustainable investments, strengthening industrial ecosystems, and improving Malaysia’s competitiveness.
The partnership connects Malaysia’s national investment priorities with CIMB’s regional financial network, helping move capital into projects that support technology adoption, supply chain strength, and sustainable business growth.
Under this MoU, MIDA and CIMB will create investment programs that go beyond traditional promotion. Investors and businesses will get access to customized financial solutions, cross-border advice, and sustainable financing options.
CIMB will use its banking expertise to support both foreign and local investors, helping Malaysian companies expand into new markets, join regional supply chains, and meet ESG and green-transition goals, while also helping SMEs grow and participate in high-value industries.
The collaboration will also include data insights, publications, and knowledge sharing to strengthen policy developments and enrich investor engagement.
Both organizations will coordinate co-branding and outreach across digital and investor platforms to further amplify Malaysia’s position as a trusted, forward-looking investment destination.
“This collaboration with CIMB marks a decisive move to elevate Malaysia’s ecosystem and accelerate the delivery of high-impact projects,
“MIDA’s strong track record in securing strategic investments across key sectors serves as a platform for this partnership to translate opportunities into tangible outcomes,” said Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA.
“By combining our investor relationships and sector expertise with CIMB’s financial connectivity and sustainability focus, we are broadening the channels for quality investments that empower Malaysian businesses and strengthen regional linkages,
“Together, we are reinforcing Malaysia’s standing as a trusted and forward-looking destination for strategic and sustainable investments,” he added.
Gurdip Singh Sidhu, Chief Executive Officer of CIMB Malaysia and CIMB Bank Berhad, said as a vital partner for trade and investment across ASEAN, CIMB is focused to position Malaysia as a leading premier destination for both foreign and domestic investments.
“This collaboration with MIDA underscores our strong alignment with the Government’s focus of driving high quality, sustainable inflows that create tangible economic value, including innovation, job creation and supply chain development,
“Leveraging our extensive regional network and financial expertise, we will accelerate cross-border connectivity and catalyze strategic investments that enhance the country’s long-term growth, resilience and global competitiveness,” he added.
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