KUALA LUMPUR, Khazanah Nasional Bhd has reaffirmed its commitment to driving Malaysia’s strategic investment agenda in key growth areas such as semiconductors, energy transition, and rare earths. The sovereign wealth fund also aims to strengthen collaboration between local companies and multinational players within the semiconductor ecosystem.
Managing director Datuk Amirul Feisal Wan Zahir said the initiatives, alongside efforts from other government-linked investment companies (GLICs), support the Government-linked Enterprises Activation and Reform (GEAR-UP) programme to boost domestic investment and industrial capabilities.
He added that Khazanah’s K-Youth Development Programme will allocate RM200 million to provide industry-based training for 11,000 Malaysians, helping to equip local talent for future high-value industries.
Prime Minister Datuk Seri Anwar Ibrahim recently announced that Khazanah and the Retirement Fund (Incorporated) (KWAP) will jointly invest RM550 million to strengthen Malaysia’s semiconductor ecosystem by building partnerships between local and global companies.
Through Dana Impak and Jelawang Capital, Khazanah is also investing to expand opportunities, develop talent, and support Malaysia’s innovation ecosystem. Additionally, its Mid-Tier Companies Programme will provide up to RM250 million in financing to help midsized firms scale up and move higher in the value chain.
The initiatives were announced following the tabling of Budget 2026 — themed “Fourth MADANI Budget: The People’s Budget” — which totals RM470 billion, including RM419.2 billion in government allocation, marking the first budget under the 13th Malaysia Plan (2026–2030).
