Khazanah To Boost Investment, Foster Collaboration In Priority Areas Like Semiconductors

KUALA LUMPUR, Oct 11 (Bernama) -- Khazanah Nasional Bhd will continue to support the government’s strategic investment agenda in priority areas such as semiconductors, energy transition, and rare earths, while fostering collaboration between local firms and multinational partners in the semiconductor sector.

Khazanah managing director Datuk Amirul Feisal Wan Zahir said together with other government-linked investment companies (GLICs), these efforts reflect a collective push to strengthen domestic investments under the Government-linked Enterprises Activation and Reform (GEAR-uP) programme.

“Complementing this, the Khazanah Youth Development Programme (K-Youth) is allocating RM200 million to provide work-based training for 11,000 Malaysians in high-value sectors, equipping talent for the industries of tomorrow,” he said in a statement.

Yesterday, Prime Minister Datuk Seri Anwar Ibrahim announced that Khazanah Nasional and the Retirement Fund (Incorporated) (KWAP) will invest RM550 million in the semiconductor ecosystem to boost partnerships between local firms and multinational companies.

Amirul Feisal said through Dana Impak and Jelawang Capital, Khazanah is investing to expand opportunities, build capabilities, and nurture Malaysia’s innovation ecosystem.

“The Khazanah Mid-Tier Companies Programme will provide up to RM250 million in financing to help mid-sized firms build scale and move up the value chain,” he said.

On Friday, Anwar, who is also the Finance Minister, tabled Budget 2026 amounting to RM470 billion, of which RM419.2 billion is the government’s allocation.

The budget, themed “Fourth MADANI Budget: The People’s Budget,” was the first under the 13th Malaysia Plan 2026–2030.

-- BERNAMA