KUALA LUMPUR, June 26 (Xinhua) -- The Malaysian Investment Development Authority (MIDA) and global logistics firm DHL have extended their strategic partnership to support Malaysia's position as a leading hub for foreign investment.
The duo said in a statement on Thursday that they have signed a new memorandum of understanding (MOU) for the partnership.
Under this agreement, all four DHL divisions operating in Malaysia -- DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce -- will work closely with MIDA to strengthen the logistics and supply chain ecosystem.
The announcement builds on a successful collaboration since 2023, where joint efforts with MIDA's global and local offices have yielded significant investment outcomes.
These encompassed key priority sectors, including electrical and electronics, pharmaceutical, digital economy, aerospace, and chemicals, diversified across eight states: Kedah, Penang, Perak, Johor, Melaka, Sabah, Sarawak, and Selangor.
Sikh Shamsul Ibrahim Sikh Abdul Majid, chief executive officer of MIDA, said the renewed partnership with DHL represents a strategic alliance that will accelerate Malaysia's journey towards becoming the region's premier smart logistics hub. ■
