KUALA LUMPUR, Aug. 5 -- The government is set to introduce a New Investment Incentive Framework (NIIF) in the third quarter of 2025, aimed at attracting high-quality investments.

Deputy Investment, Trade and Industry Minister Liew Chin Tong said the framework, jointly developed by his ministry and the Ministry of Finance, is intended to draw in high-value investments that deliver long-term economic benefits.

"These include the creation of quality jobs, the development of local talent, and the strengthening of Malaysia's technology and innovation ecosystem," he told the Dewan Rakyat today.

He added that the government is also considering introducing localisation requirements for foreign investors, to ensure local companies directly bene...