Intel investing additional RM860m to make Malaysia its assembly hub, says Anwar

• Prime Minister Datuk Seri Anwar Ibrahim also welcomed Intel’s collaboration with education and training institutions through elective subjects and research and development projects that have received a funding commitment of RM2.8 million over the past two years.

KUALA LUMPUR (Dec 1): Intel Corporation has announced an additional investment worth RM860 million to make Malaysia its assembly and test operations hub, said Prime Minister Datuk Seri Anwar Ibrahim.

He said the investment reflects confidence in the country’s long-term planning, including the New Industrial Master Plan 2030.

“Intel also expressed its appreciation for the continuous support of the Malaysian government, particularly for the development of the advanced packaging facility in Penang, which involves RM12 billion in capital expenditure and is now 99% complete,” Anwar said in a post on his official social media Monday.

Anwar also welcomed Intel’s collaboration with education and training institutions through elective subjects and research and development projects that have received a funding commitment of RM2.8 million over the past two years.

“All these investments reflect the confidence of a global company in Malaysia as a key partner in driving innovation, strengthening the local talent ecosystem, and maintaining the nation’s competitiveness on the world stage,” he added.

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