Malaysia seeks to boost VCs with new fund, tax incentives

Launch of Jelawang Capital aimed at catalyzing startup investment

20250630 Malaysia’s Second Finance Minister Amir Hamzah

Malaysia’s Second Finance Minister Amir Hamzah announces the launch of Jelawang Capital fund on June 24. (Khazanah Nasional)

NORMAN GOH

KUALA LUMPUR -- Malaysia aims to boost the country's lackluster venture capital (VC) landscape through a national fund and tax incentives, hoping to help new businesses that would play roles in the country's industrial development.

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