KUALA LUMPUR, Jan 30 (Bernama) — Pursuant to the announcement made by the Ministry of Investment, Trade and Industry (MITI) on 29 January 2026, the Malaysian Investment Development Authority (MIDA) stands ready to operationalise the New Incentive Framework (NIF) from 1 March 2026, marking a shift towards an outcome-based, value-driven investment approach in Malaysia.
The framework will be applied to the manufacturing sector first, followed by the services sector in the second quarter of 2026. The NIF essentially ties tax incentives directly to measurable economic outcomes. Companies will be assessed using the National Investment Aspirations (NIA) Scorecard*, which quantifies contributions to job quality, technology transfer, supply chain resilience and sustainability.