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Malaysian PM praises country’s emerging chip hub status | Real Time Headlines

Malaysian Minister of International Trade and Industry Zafrul Tengku Abdul Aziz (from left), Kedah Chief Minister Muhammad Sanusi Md Nor, Malaysian Prime Minister Anwar Ibrahim, Infineon Technologies AG CEO Jochen Hanebeck and Chief Operating Officer Rutger Wijburg Senior officials from Infineon Technologies AG during the opening ceremony of the company’s new semiconductor factory in Kulim, Malaysia, Thursday, August 8, 2024.

Bloomberg | Bloomberg | Getty Images

Malaysian Prime Minister Anwar Ibrahim elaborated on Malaysia’s attractiveness as a wafer manufacturing hub at the opening ceremony Infineon’s A semiconductor manufacturing plant located in Kulim, Malaysia.

“Politically, our policies are stable and clear, and I mean energy transition, industrial policy, master planning, even semiconductor policy,” he told CNBC’s JP Ong.

“This helps generate more interest from investors,” Anwar said, adding that Infineon’s participation “very much” demonstrates the company’s confidence in the country’s overall semiconductor ecosystem.

Malaysian Prime Minister Anwar Ibrahim praises the country's rapidly developing status as a chip hub

On whether Malaysia can generate enough talent to supply the growing industry, the Prime Minister assured that the country’s professionals and students are capable of doing so.

“Our role in government is to facilitate this process and ensure that we disburse sufficient funds for this purpose,” Anwar said.

Anwar said last September that the government Hopes to attract skilled Malaysians to return and contribute to the country. The country has ambitions to train and upskill 60,000 Malaysians over the next decade to become highly skilled semiconductor engineers.

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