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Government, banking and industry unite to advance Melaka’s semiconductor future

ID

5516

Status

new

Published

17 Jul 2026, 8:50 PM

Fetched

19 Jul 2026, 9:54 PM

Provider

Digital News Asia

Category

malaysia-tech

Original URL

https://www.digitalnewsasia.com/digital-economy/government-banking-and-industry-unite-advance-melakas-semiconductor-future

Source URL

https://www.digitalnewsasia.com/rss.xml

Excerpt

Industry leaders, policymakers, ecosystem partners discuss state’s semiconductor ambitions Goal to strengthen collaboration and accelerate sustainable growth within Malaysia's semiconductor ecosystem The Malaysia Semiconductor Industry Association (MSIA), in collaboration with Malaysian Investment Development Authority (MIDA), Invest Melaka Bhd, Infineon Technologies (Malaysia) Sdn Bhd and Maybank, jointly hosted the MSIA Dialogue & Networking Session with the Chief Minister of Melaka on 16 July 2026 at Hatten Hotel, Melaka. While it is overshadowed by Penang’s globally acknowledged semiconductor ecosystem, Melaka claims its own semiconductor heritage spanning more than five decades, and continues to build on that foundation. Anchored on the theme "Transforming Melaka into a future-ready semiconductor and advanced manufacturing hub: Driving talent, sustainability and industrial excellence," the dialogue between the public and private sectors to discuss the state’s semiconductor ecosystem, industry competitiveness and opportunities brought together almost 150 industry leaders, policymakers, government agencies and financial institutions. MAP generated by AI with an editor doing fact checking on the location of the 17 locations identified. Supporting this direction, the Melaka Semiconductor Strategic Plan 2026–2035 complements Malaysia’s National Semiconductor Strategy (NSS), with discussions focused on strengthening industry capabilities, enhancing supply chain resilience and supporting high-value investments to position Melaka as one of Malaysia's leading semiconductor and advanced manufacturing hubs. Ab Rauf Yusoh, Chief Minister of Melaka highlighted the state’s semiconductor journey and the importance of strengthening investment, industry and TVET development to support the next phase of growth. The MSIA dialogue featured a panel discussion moderated by Ginie Lim, CEO of Invest Melaka, with perspectives from the industry, government, and financial sectors. Tay Kheng Chiong, Group Managing Director & CEO of Dominant Opto Technologies Sdn Bhd, shared insights on the growth journey of Malaysian semiconductor SMEs, emphasising the need to strengthen capabilities and meet global customer expectations. Highlighting ecosystem development, Derrick Tanggapan, Director of MIDA Melaka, outlined how local SMEs can capture higher-value opportunities through strategic investments and partnerships. To enable this growth, Zulfadhli Marjo, Head of Islamic Transaction Banking Solutions & Innovation at Maybank Islamic Bhd, discussed tailored financing and capital solutions aimed at supporting SMEs as they scale operations through technology, automation, and talent development. Sikh Shamsul Ibrahim, CEO of MIDA, said, “Melaka has come a long way in building its semiconductor industry; today, it has the industrial base, skilled workforce and supplier network needed to compete for the next generation of high-value investments.” Sikh tha