Category FAQs Search : Government Investment Companies Division (GIC)
Question: What is the purpose of investments of (MOF (Inc.) companies?
Answer: i. To bridge the market gap where the private sector gives less investment priority, mainly due to huge initial investment costs and high market barriers.
ii. To provide social services to the public such as public transportation and utilities services.
iii. To stimulate economic growth by investing in strategic sectors such as technological research and development.
iv. To attract local and foreign investors to invest in specific areas such as biotechnology, information technology and communication.
(Source: Official Portal of Ministry of Finance, 24 Feb 2025)
Source Link: https://www.mof.gov.my/portal/pdf/bahagian/gic/faq-en.pdf