Perlis Showcases Business and Investment Opportunities at MIDA Invest Series
MIDA, Perlis State Government, and NCIA Collaborate to Attract Strategic Investments
Kuala Lumpur, 20 February 2025 – Malaysia’s northernmost state Perlis took center stage today as a promising investment destination during the MIDA Invest Series. The Malaysian Investment Development Authority (MIDA), Perlis State Government, and Northern Corridor Implementation Authority (NCIA) jointly hosted the landmark event at MIDA Sentral, drawing 200 attendees from both local and foreign investors, as well as industry players.
The event opened with a welcome address by Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, followed by a keynote speech from YAB Tuan Mohd Shukri Ramli, Chief Minister of Perlis. YB Tuan Liew Chin Tong, Deputy Minister of Investment, Trade, and Industry (MITI), was also present, reaffirming the federal government’s commitment to Perlis’s growth as one of the investment hubs in the Northern region.
The event featured industry leaders, investors, and key stakeholders engaging in discussions on emerging investment trends, infrastructure development, and strategic partnerships that will drive Perlis’s economic transformation.
YAB Tuan Mohd Shukri Ramli, Chief Minister of Perlis in his address, said “MIDA Invest Series Perlis provides an excellent opportunity for investors to explore Perlis, obtain pertinent information, and engage with federal and state government officials for consultation sessions on project implementations. I welcome (investors) to optimise your time in this event to meet and discuss your projects with State Government officials and MIDA officials, as well as the relevant local authorities and technical agencies.”
YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry, highlighted Perlis’s potential to achieve economic growth role as Malaysia gears towards a second takeoff.
“As one of the northern region states in Peninsular Malaysia, Perlis holds immense border trade and business potentials. Perlis also stands a great chance of benefiting from the economic spillover from neighbouring Kedah and Penang states. I see positive developments in the implementation of these projects and we hope that they will become new engines of growth for Perlis once completed.”
He further added, “As we move forward, guided by the New Industrial Master Plan 2030, National Energy Transition Roadmap and the Green Investment Strategy, I believe it is crucial for us to build on this momentum and leverage Perlis’s strengths to drive growth and development across Malaysia.”
Echoing this sentiment, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid emphasised MIDA’s support in driving investment into Perlis, “We are stepping into 2025 with a clear and ambitious agenda. Perlis is moving forward with a clear strategy—leveraging its location, business-friendly policies, and growing infrastructure to attract industries that want to expand and innovate. At MIDA, we always strive to do our best to facilitate investment across Malaysia, and Perlis is no exception. Our dedication is reflected in action.”
Mohamad Haris Kader Sultan, Chief Executive of Northern Corridor Implementation Authority (NCIA), Northern Corridor Economic Region (NCER) plays a crucial role in harnessing Perlis’s investment potential and boosting socio-economic growth. Strategic projects like the Chuping Valley Industrial Area (CVIA) and Perlis Inland Port (PIP) enhance Perlis’s status as a key trade gateway. These initiatives create high-value jobs, promote industrial innovation, and attract global investments. By enhancing infrastructure, building strategic partnerships, and advancing talent development, NCER is committed to transforming Perlis into a dynamic investment hub, improving livelihoods, and ensuring sustainable economic progress.
A Growing Investment Hub in the North
Perlis is set for significant industrial expansion, supported by key initiatives such as the Chuping Valley Industrial Area (CVIA) and the Perlis Inland Port (PIP). As part of the Northern Corridor Economic Region (NCER), Perlis serves as a critical gateway for trade and commerce, particularly in logistics, advanced manufacturing, and technology-driven industries.
Building Strategic Partnerships
A key highlight of the event was the exchange of a Memorandum of Understanding (MoU) between Mutiara Perlis Sdn. Bhd. and Bina Darulaman Berhad, as well as the exchange of Memorandum of Collaboration (MoC) between Mutiara Perlis Sdn. Bhd. and MAERSK Logistics & Services Malaysia Sdn. Bhd. These strategic collaborations aim to enhance logistics efficiency, infrastructure development, and international trade connectivity, reinforcing Perlis’s position as a logistics hub in the region.
Talent Development
Beyond infrastructure, Perlis is a center for talent development, supporting the growing demand for engineering and technical expertise in northern Malaysia’s manufacturing hubs. The designation of Pauh, Perlis as ‘Bandar Ilmu’—home to Universiti Malaysia Perlis (UniMAP), a key institution within the Malaysian Technical University Network (MTUN)—underscores the state’s commitment to nurturing a highly skilled workforce.
UniMAP’s collaborations with global industry players in Penang and Kulim, alongside the presence of institutions such as Politeknik Tuanku Syed Sirajuddin, reinforce Perlis’s role as a training ground for future industry leaders. With ongoing infrastructure and industrial park developments, the state’s well-trained workforce is primed to support the evolving needs of its industries.
-ENDS-
About MIDA:
MIDA is the Government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA today has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram and Facebook, LinkedIn, TikTok and YouTube channel.
About SUK PERLIS:
The State Secretary Office of Perlis is the central administrative body responsible for the governance and public administration of the state of Perlis. It acts as the primary institution that coordinates the implementation of government policies, programs, and administrative functions in the state. For more information, please visit www.perlis.gov.my or follow us on Instagram and Facebook.
For more information, please contact:
MIDA
En. Sukri Abu Bakar
Director, Domestic Investment Division
Email: [email protected] l DL: +603-2267 3685
SUK Perlis:
En. Zuhair Jamaludin
Undersecretary, Perlis State Economic Planning Division
[email protected] | +604-9731859
