MIDA partners Citibank to provide end-to-end banking services to new and existing foreign investors in Malaysia

The Malaysian Investment Development Authority (MIDA) and Citibank Bhd (Citi Malaysia) have teamed up to offer a financial platform and seamless provision of end-to-end banking services to new and existing foreign investors in Malaysia.

In a joint statement today, MIDA and Citi Malaysia said they had inked a memorandum of understanding (MoU) for the partnership.

MIDA Chief Executive Officer (CEO) Arham Abdul Rahman said the MoU with Citi Malaysia signifies the government agency’s continuous commitment to pursuing high technology and high value-added investment projects according to the National Investment Aspiration (NIA) framework and goals of the 12th Malaysia Plan (12MP).

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