Kuala Lumpur: The Ministry of Investment, Trade and Industry (MITI) is intensifying its efforts to attract high-quality investments, particularly in strategic sectors such as electrical and electronics (E and E), according to its Minister, Tengku Datuk Seri Zafrul Abdul Aziz. He highlighted that Malaysia’s E and E exports continue to show resilience and are a major contributor to the country’s economic growth, which saw a 4.4 per cent increase in the first quarter of 2025.

According to BERNAMA News Agency, Tengku Zafrul noted that both local and foreign investors have confidence in Malaysia’s potential, which is evident from their ongoing projects in the country. He emphasized that increased investments lead to the opening of more factories and a rise in exports, subsequently creating job opportunities for the populace and expanding business prospects for local companies, especially small and medium enterprises (SMEs).

He acknowledged global challenges, such as reciprocal tariff issues with the United States (US), but assured that MITI is actively monitoring the situation and taking necessary steps to maintain the international competitiveness of Malaysian businesses. He shared these insights in a video posted on his Instagram page.

Tengku Zafrul elaborated on the ministry’s strategy to not only negotiate with the US but also to explore new markets to enhance the sale of Malaysian-made goods, thereby strengthening the domestic economy. This approach is part of the MADANI Economy reform, with a focus on ensuring economic stability, creating quality jobs and business opportunities, and assisting citizens in managing living costs.

The minister concluded by affirming the government’s commitment to sustaining economic growth and stability, ensuring that its benefits are widespread among all citizens.