InvestKL Secures RM4.08bln in Foreign Investments for 2024, Sets New RM50bln Target by 2030


KUALA LUMPUR, 13 MARCH 2025: Greater Kuala Lumpur (GKL) strengthened its position as a top regional hub in 2024 with InvestKL securing RM4.08 billion in foreign investments from 12 leading global companies. These investments are set to create 4,394 executive jobs, complementing Malaysia’s ambition for a knowledge-driven and innovation-led economy.

To date, InvestKL has attracted over 150 global companies, contributing a cumulative RM33.8 billion in investments and generating 31,849 executive job opportunities.

Dato’ Hairil Yahri Yaacob, Secretary General of the Ministry of Investment, Trade and Industry (MITI), said, "Malaysia’s robust investment performance is a testament to our resilience and strategic importance in the global economy. As we embrace economic complexity, digitalisation, and sustainability, we continue to provide a compelling proposition for investors seeking regional expansion. Serving as ASEAN Chair this year further amplifies our leadership role in strengthening economic ties and giving our country a heightened advantage in attracting more high-impact investments."

Datuk Muhammad Azmi Zulkifli, Chief Executive Officer of InvestKL, added, “Despite global uncertainties, the continued confidence of leading multinationals reaffirms Greater KL’s position as a hub for future-focused industries, particularly in modern services and cutting-edge activities. These investments go beyond capital—they drive knowledge transfer, strengthen local capabilities, and spark industry innovation.

“Notably, InvestKL has successfully achieved its KPI of securing RM35 billion in committed investments ahead of its 2025 target. Moving forward, we have been entrusted with a new target of RM50 billion in committed investments by 2030, reinforcing our role in advancing Malaysia’s economic ambitions. With a clear strategy and a strong investor pipeline, we are confident in meeting this goal and creating wider economic spillovers that benefit Malaysia as a whole.”


Global FDI Powering Greater KL’s Growth

InvestKL’s 2024 investment portfolio spans diverse, high-growth sectors such as professional services, digital and technology, energy and advanced engineering solutions.

From the Asia region, new entrants include a major provider of floating production solutions for the offshore oil and gas industry, a robotics and automation company, a digital network operator, and a leading financial services provider specialising in automobile financing and leasing.

The Americas remains well-represented, featuring investments from a global mining company committed to sustainable and responsible resource extraction, a leading provider of digital infrastructure and interconnection solutions, a multinational leader in customer experience (CX) solutions supporting global brands, and a global packaging solutions company specialising in premium label innovations.

From Europe, investments were secured from a global leader in the food and beverage industry, and the region’s largest semiconductor manufacturer driving advancements in microelectronics. The United Kingdom has also strengthened its presence with a global provider of business software solutions and a leading global recruitment consultancy.


Over a Decade of Impact

Beyond capital inflows, InvestKL’s role extends to talent development, innovation, and sustainability. The average monthly salary for regional executive jobs by InvestKL companies now stands at RM14,070, reflecting Malaysia’s ability to attract knowledge-intensive industries.

The impact of the foreign investment is evident in the creation of high-skilled jobs across salary brackets:
• Managers (RM8,000 - RM25,000): 6,522 jobs
• Senior Executives (RM25,000 - RM50,000): 864 jobs
• Top Executives (RM50,000+): 207 jobs

Azmi added, “With 80% of hires being Malaysians, InvestKL is committed to connecting global MNCs with the country’s talent pool. Through strategic university partnerships and targeted upskilling initiatives, we are ensuring local professionals are equipped to thrive in high-demand industries, strengthening Malaysia’s position as a hub for skilled talent in the region.”

InvestKL drives innovation through initiatives like the GKL Live Lab, now in its fifth year. This programme accelerates high-impact collaboration between multinational corporations, startups, small and midsize enterprises, and academia, fostering technology-driven projects that advance digital transformation, and strengthen research and development capabilities.

As of end-2024, the GKL Live Lab has welcomed a total of 13 companies, each focusing on high-tech, sustainable solutions—further strengthening Greater KL’s position as a hub for cutting-edge activities and future-ready industries.



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