Kuala lumpur: The Malaysian Investment Development Authority (MIDA), in collaboration with the Department of Federal Territories and the State Governments of Selangor, Negeri Sembilan, and Melaka through their respective investment promotion agencies, launched a two-day Central Region Programme. This initiative marks a strategic move towards industrial development by focusing on ecosystem integration.

According to BERNAMA News Agency, the programme is timely as global supply chains undergo reconfiguration. Malaysia’s Central Region, already recognized for its established presence in financial and global services hubs, electrical and electronics, aerospace, pharmaceuticals, and food manufacturing, is poised to secure a larger portion of high-value production networks. The initiative anticipates an annual GDP contribution of RM24.5 billion, RM12.5 billion in approved investments each year, and the creation of 5,000 high-value jobs over the next five years.