Kuala lumpur: Khazanah Nasional Bhd will continue to support the government’s strategic investment agenda in priority areas such as semiconductors, energy transition, and rare earths, while fostering collaboration between local firms and multinational partners in the semiconductor sector.

According to BERNAMA News Agency, Khazanah managing director Datuk Amirul Feisal Wan Zahir stated that, together with other government-linked investment companies (GLICs), these efforts reflect a collective push to strengthen domestic investments under the Government-linked Enterprises Activation and Reform (GEAR-uP) programme. He mentioned that the Khazanah Youth Development Programme (K-Youth) is allocating RM200 million to provide work-based training for 11,000 Malaysians in high-value sectors, preparing talent for future industries.

Yesterday, Prime Minister Datuk Seri Anwar Ibrahim announced that Khazanah Nasional and the Retirement Fund (Incorporated) (KWAP) will invest RM550 million in the semiconductor ecosystem to enhance partnerships between local firms and multinational companies. Amirul Feisal added that through Dana Impak and Jelawang Capital, Khazanah is investing to expand opportunities, build capabilities, and nurture Malaysia’s innovation ecosystem.

Furthermore, the Khazanah Mid-Tier Companies Programme will provide up to RM250 million in financing to assist mid-sized firms in scaling up and advancing in the value chain. On Friday, Anwar, who also serves as the Finance Minister, tabled Budget 2026 amounting to RM470 billion, with RM419.2 billion allocated by the government. This budget, themed ‘Fourth MADANI Budget: The People’s Budget,’ was the first under the 13th Malaysia Plan 2026-2030.