Negeri Sembilan records RM41.5b in approved investments until June 2026
KUALA LUMPUR, Oct 7 — A total of RM41.5 billion in investments were approved for Negeri Sembilan from 2023 to June...
Negeri Sembilan has recorded RM41.5 billion in approved investments from 2023 to June 2026, according to the Investment, Trade and Industry Ministry (Miti) and the Malaysian Investment Development Authority (Mida). The investments have the potential to create 14,953 job opportunities. Domestic investments accounted for 58% of the total, while foreign investments made up 42%.
The manufacturing sector received the largest share of investments, with RM22 billion, followed by the services sector at RM19.5 billion and the primary sector at RM670,000. Miti stated that the federal government, along with Mida, the state government, and relevant agencies, has implemented an integrated approach to ensure that the investments contribute to the state's economic growth and benefit the local population.
This includes focusing on increasing employment opportunities for locals in high-skilled jobs within the manufacturing and services sectors. The government also encourages collaboration between industries, technical and vocational education and training institutions, higher education institutions, and talent development agencies to align the skills of the local workforce with industry requirements.
Furthermore, the government emphasizes investments involving technology, automation, digitalisation, research and development activities, and high-skilled jobs to ensure that the employment opportunities created offer better career prospects, skills enhancement, and income opportunities for the local population.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.