KUALA LUMPUR, 9 MARCH 2026 — InvestKL today announced that effective Sunday, 15th March 2026, the agency will transition under the Malaysian Investment Development Authority (MIDA). This move is part of the government’s broader effort to streamline investment promotion functions, strengthen inter-agency coordination, and enhance the overall investor experience.
The transition supports national economic priorities, including those outlined in the New Industrial Master Plan (NIMP 2030) and Malaysia’s long-term ambition to attract more high-value, innovation-driven investments.
InvestKL assures that all ongoing engagements with multinational companies (MNCs), prospects, and ecosystem partners will continue seamlessly under MIDA’s facilitation structure. Both agencies are closely coordinating to ensure uninterrupted support for current operations, expansion plans, and future investments within Greater Kuala Lumpur (Greater KL).
Since its establishment, InvestKL has successfully attracted more than 150 MNCs, representing total investments of RM37 billion and creating over 33,000 high-skilled jobs. These achievements provide a strong foundation for Malaysia’s investment ecosystem as the agency transitions under MIDA.
Reflecting on InvestKL’s performance and its significant role over the past decade, An InvestKL representative said, “This performance underscores InvestKL’s role in elevating Greater KL as the top destination for high-value, innovation-led investments. Over the years, we have worked together with leading global companies to build capabilities, create high-skilled jobs, and strengthen Malaysia’s and Greater KL’s position in the regional and global economy.”
The agency added that the transition marks a new phase for the nation’s investment landscape. “We believe under MIDA’s stewardship, this mission will continue with even greater scale and synergy. The focus on attracting high-value, high-growth investment into Malaysia and Greater KL remains unchanged, and we are confident that the unified strengths of both agencies will accelerate the nation’s investment trajectory.”
InvestKL is confident that the work they have built over the past decade will continue with renewed focus and momentum. The agency remains committed to attracting high value, innovation-led investment to Malaysia and believes that this consolidation under MIDA will enable even greater impact for the nation. InvestKL will work closely under MIDA’s stewardship with strong support from MITI and other government agencies to ensure continuity, enhanced coordination, and sustained value creation for investors and the country.
InvestKL also extended its appreciation to stakeholders who have supported its mandate since 2011. The agency expressed deep gratitude to the government, ministries, MNCs, and ecosystem partners for their trust, collaboration, and confidence throughout its 15 year journey.
