PACU@MIDA to facilitate speedy implementation of investment projects in Malaysia

The Project Acceleration and Coordination Unit (PACU) at the Malaysian Investment Development Authority (MIDA) organised an e-Biz Clinic on ‘Starting Your Project with PACU@MIDA’ via a virtual webinar and physical event at the MIDA Headquarters (HQ) on 29 September 2020.

The initiative provided a platform for investors to engage and network with relevant authorities and stakeholders.

Investors were also briefed on relevant information to enable efficient and timely realisation of projects that have been approved by the National Committee of Investment (NCI) within the stipulated 12-month time frame.

In his opening message, the Chief Executive Officer (CEO) of MIDA, Datuk Azman Mahmud highlighted on the adjustments in the global economy under the new normal.

He emphasised that MIDA will continue its efforts to attract quality investments in the country and restore investor’s confidence in seeing Malaysia as their preferred investment destination.

“It is fundamental to revitalise the economy by adopting bold initiatives to ensure impactful accomplishments.

“As part of Malaysia’s journey towards economic recovery, the Government introduced the National Short-Term Economic Recovery Plan called PENJANA on 5 June 2020. This includes the dedicated team established at MIDA, aptly named PACU to facilitate the speedy implementation of investment projects in the country,” he said.

The e-Biz Clinic was broadcasted online and has garnered over 1,000 views, represented by manufacturers, service providers’, industrial associations, consultants and potential investors.

-NIAGATIMES

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