MIDA Eyes Greater Green Investment Opportunities Through IGEM 2026
BANGI, May 13 (Bernama) -- The Malaysian Investment Development Authority (MIDA) is positioning the International Greentech and Eco Products Exhibition and Conference Malaysia (IGEM) and Kuala Lumpur Sustainability Summit (KLSS) 2026 as strategic platforms to accelerate Malaysia’s green investment agenda and strengthen the country’s standing as a regional hub for sustainable growth.
Its chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said IGEM, now entering its 17th edition, has evolved into Southeast Asia’s leading platform for green growth by bringing together governments, industry players, financiers and innovators under one roof.
“With KLSS now anchored alongside IGEM, the platform has matured into something more strategic, a convergence point where investment, climate ambition and sustainable urban development meet,” he said at the launch of IGEM and KLSS 2026 here yesterday.
Sikh Shamsul Ibrahim said MIDA secured RM10.3 billion in potential green technology investment leads through IGEM in 2025, surpassing its initial target and has expressed confidence that IGEM 2026 would further build on the momentum.
The IGEM 2026, set to be held from Oct 7 to 9 in Kuala Lumpur, is expected to generate RM22.5 billion in potential business leads and attract 60,000 visitors.
He said the global push towards green energy has become increasingly important amid geopolitical tensions in West Asia and broader supply chain disruptions, which have exposed economies to fossil fuel shocks and energy insecurity.
“For investors and governments alike, the green energy transition is no longer just a climate agenda. It is fundamentally an energy security and economic resilience agenda,” he said.
He noted that Malaysia remains resilient amid global economic uncertainties, supported by Moody’s A3 sovereign rating with a stable outlook, reflecting improving investor confidence and policy stability under the MADANI Government.
He also said MIDA remains committed to attracting high-quality green investments across manufacturing and services sectors, particularly in renewable energy, green mobility, circular economy solutions, green hydrogen, bioenergy and carbon capture technologies.
On the New Incentive Framework for the manufacturing sector launched on March 1, he said the framework marked a significant shift in Malaysia’s investment approach by linking tax incentives directly to companies’ sustainability practices and environmental footprint through the National Investment Aspiration Scorecard.
Sikh Shamsul Ibrahim also highlighted the growing industry participation in the Corporate Renewable Energy Supply Scheme (CRESS), which enables investors and corporate off-takers to participate directly in renewable energy projects.
He said IGEM and KLSS 2026 would continue to serve as a marketplace for green solutions, connecting Malaysian small and medium enterprises (SMEs) with global technology providers, project financiers and ASEAN partners.
Through MIDA’s #InvestLokal initiative, he said efforts are also underway to ensure opportunities generated through IGEM reach Malaysian businesses across all states and encourage more local companies to adopt sustainable business practices.
“For MIDA, our role is to ensure every credible green technology investor who walks through the door of IGEM finds a clear, well-supported pathway into Malaysia,” he added.
He said IGEM and KLSS 2026 reflect a broader year-round collaboration between the Ministry of Natural Resources and Environmental Sustainability (NRES), Malaysian Green Technology and Climate Change Corporation (MGTC), MIDA and industry stakeholders to position Malaysia as a credible regional hub for green investments.
-- BERNAMA