Malaysian Investment Development Authority
Profile
The Malaysian Investment Development Authority (MIDA) is the government's principal agency for the promotion of the manufacturing and services sectors in Malaysia. MIDA assists companies which intend to invest in these sectors, as well as facilitates the implementation of their projects in Malaysia.
Address
MIDA Sentral, No. 5, Jalan Stesen Sentral 5 Kuala Lumpur Sentral
Kuala Lumpur, Kuala Lumpur 50470
Malaysia
Phone: 603 2267 3633
Fax: 603 2274 7970
Press Releases
Functions of MIDA
to promote foreign and local investments in the manufacturing and services sectors to undertake planning for industrial development in Malaysia to recommend policies and strategies on industrial promotion and development to the Minister of International Trade and Industry to evaluate applications for manufacturing licences and expatriate posts; tax incentives for manufacturing activities, tourism, R&D, training institutions and software development; and duty exemption on raw materials, components and machinery to assist companies in the implementation and operation of their projects, and offer assistance through direct consultation and co-operation with the relevant authorities at both the federal and state levels to facilitate the exchange of information and co-ordination among institutions engaged in or connected with industrial development; to further enhance MIDA's role of assisting investors, senior representatives from key agencies are stationed at MIDA's headquarters in Kuala Lumpur to advise investors on government policies and procedures. These representatives include officials from the Ministry of Human Resources, Immigration Department, Royal Customs Malaysia, Department of Environment, Tenaga Nasional Berhad and Telekom Malaysia Berhad.
About MIDA
Vision The best partner to investors distinguished by the integrity and professionalism of its people. Mission To ensure Malaysia achieves its goal in economic transformation and its aspiration of a developed nation by 2020 The Malaysian Investment Development Authority (MIDA) is the government's principal agency for the promotion of the manufacturing and services sectors in Malaysia. Incorporated as a statutory body under the Malaysian Industrial Development Authority (MIDA) Act, the establishment of MIDA in 1967 was hailed by the World Bank as "the necessary impetus for purposeful, positive and coordinated promotional action" for Malaysia's industrial development. Today, MIDA's is Malaysia's cutting-edge, dynamic and pioneering force in opening pathways to new frontiers around the globe. 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. To further enhance MIDA's role in assisting investors, senior representatives from key government agencies are stationed at MIDA's headquarters in Kuala Lumpur to advise investors on government policies and procedures. These representatives include officials from the Department of Labour, Immigration Department, Royal Malaysian Customs, Department of Environment, Tenaga Nasional Berhad and Telekom Malaysia Berhad. MIDA also evaluates the following applications for projects in the manufacturing and its related services sectors: - Manufacturing licenses - Tax incentives - Expatriate posts - Duty exemptions on raw materials, components, machinery and equipment
External Link
