Malaysian Investment Development Authority information
Government Agency
Malaysian Investment Development Authority
Lembaga Pembangunan Pelaburan Malaysia (MIDA)
Agency overview
Formed
1967; 57 years ago (1967)
Preceding
Malaysian Industrial Development Authority
Jurisdiction
Government of Malaysia
Headquarters
MIDA Sentral, No.5, Jalan Stesen Sentral 5, Kuala Lumpur Sentral, 50470 Kuala Lumpur, Malaysia
Motto
Invest In Malaysia > Your Profit Centre In Asia
Minister responsible
Tengku Zafrul Aziz, Minister of International Trade and Industry
Deputy Minister responsible
Liew Chin Tong, Deputy Minister of International Trade and Industry
Agency executives
Tan Sri Dato' Seri Dr. Sulaiman Mahbob, Chairman
Datuk Wira Arham Abdul Rahman, Chief Executive Officer
Parent department
Ministry of International Trade and Industry (MITI)
Key document
Malaysian Industrial Development Authority (Incorporation) Act 1965
Website
www.mida.gov.my/home/
The Malaysian Investment Development Authority (Malay: Lembaga Pembangunan Pelaburan Malaysia), abbreviated MIDA, previously known as Malaysian Industrial Development Authority is the government's principal agency to oversee and drive investment into the manufacturing and services sectors in Malaysia. Starting operations in 1967, MIDA was given the mandate to promote investments in the manufacturing and services sectors; and to advise the Ministry of International Trade and Industry (MITI) on industry matters including the formulation of related policies.
MIDA assists companies which intend to invest in the manufacturing and services sectors, as well as facilitates the implementation of their projects. The wide range of services provided by MIDA include providing information on the opportunities for investments, as well as facilitating companies which are looking for joint venture partners.
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