Malaysian Investment Development Authority

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MIDA was proud to be the guest of honour at the BMW Group Malaysia’s 20th Anniversary & Expansion of Phase 2 of their Regional Parts Distribution Center in Senai Airport, Johor. This new impressive, 65,000-square-meter facility has been recognised as one of the top 5 BMW warehouses globally. It will feature BMW Group's latest investments, including a state-of-the-art High Voltage (HV) Battery Storage Area and a modern Very Narrow Aisle (VNA) racking system. BMW’s continued trust in Malaysia over the past two decades highlights the country's appeal as a prime distribution hub in the region. This facility will support BMW’s aftersales operations and serve 22 countries across the entire Asia Pacific supply chain network. Such investments such as these are vital to strengthening Malaysia’s existing ecosystem, boosting the local logistics industry, optimising the use of local ports and airports, and further positioning the country as a key global supply chain and distribution hub in the region. Today, Johor stands as the leading location for Regional Distribution Hubs for all three major German automakers: BMW, Volkswagen, and Mercedes-Benz.

MIDA, represented by Ms. Zuaida Abdullah, Executive Director of Services Development, celebrated the launch of Mercedes-Benz Parts Logistics Asia Pacific Sdn Bhd’s ‘Regional Logistics Center’ at Senai Airport, officiated by the YB Chief Minister of Johor. Spanning over 1 million square feet, this cutting-edge facility is a beacon of logistics excellence, equipped with state-of-the-art systems designed to enhance material handling, flexibility, and workflow efficiency. Beyond serving as a distribution hub for spare parts and accessories, it also houses Mercedes-Benz’s Asia Pacific supply chain management operations. The evolution of Mercedes-Benz services activities in Malaysia is also aligned with the Government’s aspirations under the Twelfth Malaysia Plan(12MP) to transform the country into a Global Services Hub by 2025. This investment therefore represents a key win for Malaysia in not just attracting high quality investments but also creating high skilled job opportunities, particularly for Malaysians. 

MIDA and Chery Automotive Supply Chain Programme Driving Benefits for Malaysian Vendors in China Read more at: https://lnkd.in/gMjvNC5N

[MEDIA RELASE]: STEADY GROWTH MOMENTUM AS APPROVED INVESTMENTS REACH RM254.7 BILLION, UP 10.7% YEAR-ON-YEAR, GENERATING OVER 159,000 NEW JOBS IN 9M2024 Full release: https://lnkd.in/gFWZe6Uj

The primary sector adds depth to Malaysia's investment landscape, recording RM5.2 billion or 2.0% of the total approved investments, spanning across 44 projects. This sector focuses on mining (RM4.5 billion), agriculture (RM675.7 million) and, plantation and commodities (RM19.1 million). These approved projects will create 416 new jobs.

The manufacturing sector remains the cornerstone of Malaysia's industrial growth, attracting RM88.8 billion in approved investments in the first nine months of 2024. Foreign Investments (FI) led the way, contributing RM66.9 billion (75.4%), while Domestic Investments (DI) accounted for RM21.9 billion or 24.6%. This underscores the sector's dual ability to attract substantial foreign capital while nurturing domestic entrepreneurship.

The services sector continues to drive Malaysia’s economic growth, showcasing resilience and attracting significant investments. From January to September 2024, the sector led approved investments, accounting for RM160.7 billion or 63.1% of the total approvals - a strong indication of its sustained appeal to investors. These investments are expected to create 100,914 new jobs.

Kuala Lumpur, 10 December 2024 – Malaysia approved RM254.7 billion of investments for the first nine months of 2024 (9M2024), marking a steady 10.7% increase from the previous year. A total of 4,753 new projects have been approved during this period, set to create 159,347 new jobs for Malaysians. This strong performance underscores Malaysia's enduring appeal to investors, despite the threat of global uncertainties.