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To steer Malaysia into becoming a more prosperous and developed nation, a new vision and framework for national development was introduced by the government, termed as Malaysia MADANI and pillared against six core values of Sustainability, Care and Compassion, Respect, Innovation, Prosperity, and Trust.
Malaysia MADANI signifies an inclusive view of what matters to our progress as a nation – including non-financial matters – with GLICs and GLCs playing significant roles in realising its aspiration. I am pleased that Khazanah is playing an active role in carrying out nation building initiatives through key national priorities and advancing the country towards reaching its potential.
It is important for Khazanah to work hand-in-hand with other GLICs and GLCs in establishing Malaysia as a nation that is globally competitive, delivers on its growth targets and stands as an attractive destination for foreign investment.
With its unique position as a bridge between the Government, the private sector and the rakyat (community), Khazanah’s role is to deliver long-term, sustainable impact for the country. This can only be achieved through collective support and by driving meaningful collaboration between the nation’s key stakeholders, thereby creating shared solutions that enable progress for all.
Khazanah’s holistic and humanistic approach to national development is encompassed by Advancing Malaysia, a strategy that guides its diverse investment activities and is aligned with the aspirations of Malaysia MADANI.
On this note, I am pleased with the active role played by Khazanah as an investor, whereby they empower local companies to adopt innovation and technology while driving skilled job creation and enhancing the sustainability of the talent pool in Malaysia. Specifically, Khazanah’s determination in setting clear expectations on the adoption of sustainability by its portfolio companies allows these companies to achieve global standards in sustainability and enhance their international competitiveness.
It is also heartening to see the focus placed on other longer-term and community-based channels such as Yayasan Hasanah, which has to date reached 2.4 million people through its programmes, Khazanah’s partnership with Sunway Education Group through 42 Malaysia – an innovative P2P computer science school driving digital upskilling for Malaysians of all ages – and the allocation of RM150 million for nature-based carbon credit projects. These initiatives are true reflection of what a better Malaysia means, and positions Khazanah as a foundational driver of the nation’s development.
Even amidst the challenges of the past year, Khazanah has continued to maintain a strong investment cadence, channeling financial support into initiatives and ideas that will form the basis of a brighter future for the country.
On this note, it is my hope that Khazanah will continue to prioritise nation building initiatives through key national priorities, advancing the nation towards reaching its fullest potential,
I would like to take this opportunity to convey my heartfelt appreciation to the past and current Board Members of Khazanah for constantly being responsible and accountable in their decisions and actions, and therefore ensuring the overall good governance and performance of Khazanah. My appreciation also goes to the senior management and employees of Khazanah, led by Dato’ Amirul Feisal, for their hard work and dedication towards ensuring that Khazanah remains on track with its purpose of delivering sustainable economic and societal benefits for the rakyat (community) and a better future for Malaysia.
