EPF Malaysia

Selamat menyambut Awal Muharam 1446H daripada KWSP. #KWSP

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I am a firm believer that the main success factor in any collaborative effort is a shared purpose that resonates across the board. At the 3rd Government-Linked Entities Activation and Reform Programme (GEAR-uP) Roundtable, it was clear that the shared purpose of nation building steered the conversation to drive collaboration across the seven organisations trailblazing this pioneering stage of GEAR-uP. PETRONAS and our six Government-Linked Investment Companies (GLIC) have each committed to champion selected initiatives, and work together with one another on a range of other initiatives to support the Ekonomi MADANI agenda, pulling together their collective resources and influence as a catalyst for economic growth. I am encouraged by the discussions today, and pleased with the clarity of what each organization will drive: Championing Energy Transition by PETRONAS ; Transforming Malaysian Firms by Khazanah Nasional Berhad; Advancing an Aging Society by EPF Malaysia; Modernising Malaysian Industries by Permodalan Nasional Berhad; Nurturing Malaysian Entrepreneurs by KWAP Malaysia, Enhancing Well-being of our Armed Forces by LEMBAGA TABUNG ANGKATAN TENTERA and Unleashing Potential of Islamic Finance by Tabung Haji A role for each one, and synergy to support each other across all these themes. For Malaysia and for Malaysians. #GEARuP #EkonomiMADANI #RaisetheCeiling #RaisetheFloor

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A productive working trip for a closer look at developments of the semiconductor industry, following from the GEAR-uP Semicon Workshop in May, for stronger collaboration between GoM ministries, agencies, GLICs and private sector players. The two-day trip, from 21June, highlighted clear wins as we drive this agenda to fortify Malaysia’s position in the semiconductor game: Intel Corporation Malaysia operates its largest IC design facility in ASEAN out of Penang. They run a 14k-strong workforce, of which almost half are engineers. Very impressed to learn that they have been running 100% on RE for 3 years – an early driver of Malaysia’s energy transition. Lam Manufacturing Malaysia operates the country’’s first wafer fabrication equipment manufacturing plant in Batu Kawan Industrial Park. This is Nasdaq-listed Lam Research 's largest globally, essentially putting cutting-edge research and technology for advanced microchips right in our own backyard. Germany’s Infineon Technologies is in Kulim Hi-Tech Park, where it operates the world’s largest 200mm SiC (silicon carbine) Power Fab. Infineon employs >15k people, 97% M’sians. Here we also spoke about expanding RE generation capacity. In line with the Ekonomi MADANI framework, industry progress must be powered sustainably. Very interested to see home-grown high-tech firm ViTrox Corporation Berhad in my hometown of Penang. Their R&D activities on precision smart facing solutions to drive higher quality of electrical components were particularly impressive. Also highly commendable - their initiatives to give back by providing industry-driven technical programmes to M’sian students. Apart from companies along the value chain, this visit had insights into the role of enabling agencies such as CREST. Their R&D work with leading industry members have amassed 178 collaborative projects through government grants, benefiting >10k E&E domain experts and researchers. A final stop to complete the whole ecosystem view, was the Penang Skills Development Centre. Since 1989, the PDSC has driven a tripartite model involving industry, academia and government, to develop fit-for-industry talent. PDSC has a stellar bank of partnerships with >250 industry members globally and >270,000 participants to date. Very happy with this trip – it was constructive and confidence-boosting that we are on a positive trajectory despite recent news about a slide in the nation’s competitiveness index. The proof points on the ground are tangible, and the impact will speak for itself in due course. #GEARuP #EkonomiMADANI #RaisetheCeiling Ministry of Investment, Trade and Industry (MITI) Khazanah Nasional Berhad EPF Malaysia PETRONAS KWAP Malaysia Permodalan Nasional Berhad

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Selamat menyambut Hari Raya Aidiladha daripada KWSP. #KWSP

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