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KWAP to Mobilise Capital for Malaysia’s Economic Growth

Accra:Kumpulan Wang Persaraan (Diperbadankan) (KWAP) is set to mobilise capital across private markets, strategic sectors, and the domestic capital market to bolster Malaysia's economic priorities. This initiative will align with KWAP's investment processes, risk-return considerations, and prevailing market conditions.

According to BERNAMA News Agency,The planned investments include RM1.5 billion through Dana Pemacu, as announced in Budget 2027, aimed at enhancing local fund management capabilities, attracting private capital, and providing Malaysian businesses with increased access to growth-stage financing. KWAP's chief executive officer, Datuk Jay Khairil Jeremy Abdullah, highlighted the significance of long-term domestic capital in advancing Malaysia's economic progress.

In addition to this, RM200 million will be channelled through Dana Perintis to boost Malaysia's start-up and innovation ecosystem, while RM1 billion through Dana Iklim+ will focus on climate investments to aid the country's energy transition. KWAP also plans to allocate up to RM1 billion to the semiconductor sector to enhance Malaysia's domestic capabilities and industrial competitiveness.

Further investment includes RM750 million through Projek Vista Kampus for developing purpose-built student accommodation at selected local universities, supporting higher education infrastructure. The establishment of a RM50 million UniVC fund, in collaboration with the government, aims to commercialise university research and encourage private capital in homegrown innovation.

Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim announced an increase in the minimum monthly pension to RM1,350, benefiting nearly 59,000 pensioners and derivative pension recipients. Additionally, government retirees will receive special financial assistance of RM750.

Jay Khairil reiterated KWAP's commitment to supporting national economic priorities while being guided by its mandate under the Retirement Fund Act 2007, fiduciary responsibilities, and dedication to Malaysian pensioners. The organisation aims to continue investing with purpose to deliver sustainable long-term returns and contribute to the nation's economic growth.

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