Anwar at the KL20 summit
KUALA LUMPUR, April 22 — Prime Minister Datuk Seri Anwar Ibrahim today says the country plans to build Southeast Asia’s largest integrated circuit design hub in Selangor.
Speaking in a keynote address at the at KL20 Summit 2024 at the KL Convention Centre, he says the IC Design Park will host top-notch anchor tenants and partner with global companies.
He also adds that the move is supported by the Selangor Information Technology and Digital Economy Corporation (SIDEC) and the Selangor government.
“Additionally, to make Malaysia a true gateway to major economies, we will also witness the city-to-city connection between Kuala Lumpur and Hangzhou so that capital, talent, and market access will no longer be a barrier to success,” he says in his speech at the event attended by more than 3000 participants.
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We expect the benchmark to trade within the 1,725–1,740 range today.
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