Malaysia has signed a memorandum of cooperation (MOC) with the Netherlands to deepen collaboration in the semiconductor sector, further reinforcing the nation’s role as a global hub for the industry.
The pact was formalised in The Hague between Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz and Dutch Minister of Economic Affairs Vincent Karremans.
“With this MOC, Malaysia can tap into the Netherlands’ advanced chipmaking expertise to strengthen our value chain, especially in assembly, testing and packaging. Together, we aim to build a stronger, more resilient semiconductor ecosystem that benefits both countries and the global economy,” Tengku Zafrul shared on X.
He highlighted that the cooperation aligns with Malaysia’s National Semiconductor Strategy, which targets RM500 billion in investments, the growth of high-value local firms, and the training of 60,000 engineers by 2030.
In a statement, the ministry said the partnership also underscores the need to diversify global supply chains to stay competitive amid rapid technological advancements and shifting market dynamics.
The MOC will be supported by an Annual Bilateral Semiconductor Dialogue, serving as a structured platform for both nations to review progress, exchange insights on industry policies and market trends, and coordinate efforts in talent development, R&D, and technology sharing.