The Malaysian Investment Development Authority (MIDA)’s digital transformation initiative or better known as InvestMalaysia Portal, an online application submission portal, is now open to public.
Senior Minister and Minister of International Trade and Industry (MITI), Datuk Seri Mohamed Azmin Ali said that as Malaysia is adapting to this new normal, MIDA’s role is more crucial than ever to help businesses thrive and create a better future for the country.
“The launching of InvestMalaysia Portal will help us meet investors’ expectations through optimised process automation and seamless data capturing and analysis.
“We can expect a more efficient evaluation, an automated approval process and easier information sharing at a single entry point.
“We will also get live investment updates, real- time visibility of investment projects, undertake more informed decision-making, and real- time reporting.
“In short, this centralised Data Warehouse will allow us to make faster and more accurate analysis through automated dashboards. This initiative will enable us to enhance KPI monitoring functions in meeting the Client Charter,” he said.
Operational since 26 March 2021, the portal focuses to transform MIDA’s core business functions towards improved efficiency and productivity by embracing an integrated technology system to expedite the application and approval process and further allow companies to speed-up project implementation.