Malaysia’s prime minister lauds nation’s burgeoning chip hub standing

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Malaysia’s prime minister lauds nation’s burgeoning chip hub standing

Zafrul Tengku Abdul Aziz, Malaysia’s worldwide commerce and trade minister, from left, Muhammad Sanusi Md Nor, chief minister of Kedah state, Anwar Ibrahim, Malaysia’s prime minister, Jochen Hanebeck, chief government officer of Infineon Applied sciences AG, and Rutger Wijburg, chief working officer of Infineon Applied sciences AG, in the course of the opening of the corporate’s website of a brand new semiconductor complicated in Kulim, Malaysia, on Thursday, Aug. 8, 2024. 

Bloomberg | Bloomberg | Getty Photos

Malaysia’s Prime Minister Anwar Ibrahim made the case for his nation’s attractiveness as a chipmaking hub on the opening ceremony of Infineon’s semiconductor fabrication facility in Malaysia’s Kulim district.

“Politically, we’re secure, readability of insurance policies, I imply, vitality transition, industrial coverage, a grasp plan, after which even semiconductor insurance policies,” he advised CNBC’s JP Ong.

“This has helped generate extra curiosity from the buyers,” Anwar stated, including that Infineon’s participation has demonstrated “in a giant manner” the corporate’s confidence within the nation’s total semiconductor ecosystem.

On whether or not Malaysia can generate enough expertise to produce the rising sector, the prime minister assured that the nation’s professionals and college students have the capability to take action.

“Our position within the authorities is to facilitate the method, to be sure that we disburse ample funds for that function,” Anwar stated.

Anwar final September stated that the federal government is trying to entice expert Malaysians to return and contribute to the nation. The nation has ambitions to coach and upskill 60,000 Malaysians to turn into extremely expert semiconductor engineers over the following decade.