KUALA LUMPUR, Oct 10 (Bernama) -- The Selangor government has committed RM50 million to the National Strategic Investment Fund, joining Khazanah Nasional Bhd and the Penang government in a RM150 million initiative to accelerate the growth of Malaysian semiconductor and advanced technology companies.
Business : Budget 2027: Selangor Commits RM50 Mln To National Semiconductor Fund
Budget 2027, Sidec, Ng Sze Han, semiconductor, Kha
BE Bernama 
Key takeaways
Selangor commits RM50 million to a national semiconductor fund, joining Penang and Khazanah in a RM150 million initiative.
- Selangor, Penang, and Khazanah each contribute RM50 million to the fund.
- The initiative aims to boost Malaysian semiconductor companies globally.
- Selangor provides IC design expertise and a pipeline of tech companies.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Read the full story on Bernama That's the opening of the story. The full piece is published by Bernama.
Continue reading ↗ Story details
- Published
- Section
- news
- Format
- Article
- Original
- bernama.com ↗
Related reporting
6 stories on this topic from 4 sources, oldest first.
- Malaysiakini LIVE | Anwar tables Budget 2027
- Malaysiakini Eight takeaways from Budget 2027
- Bernama Business : Budget 2027: Selangor Commits RM50 Mln To National Semiconductor Fund (this story)