Archive · 20 Jan 2026
Khazanah Nasional to invest in power grids and chip firms
Khazanah Nasional, Malaysia's big investment fund, wants to put more money into making the country's power system stronger and helping local computer chip companies grow.
This is because artificial intelligence (AI) needs a lot of energy and computing power.
The fund's boss said they will focus on making sure there's enough reliable and cheap electricity, including from renewable sources.
They also want to help local chip companies become better at making more advanced products.
The Malaysian government wants to attract a lot of investment in the chip industry.
The fund's total value went up by 22% last year, and they think the Malaysian currency might get stronger.
Khazanah Nasional plans to invest in power grids and semiconductor firms to support AI-driven growth.
The fund will focus on grid resilience and reliable energy, including renewables, for AI infrastructure.
Khazanah aims to help local semiconductor firms move up the value chain to advanced packaging.
Malaysia aims to attract 500 billion ringgit in semiconductor investment with fiscal incentives.
Khazanah's net asset value rose 22% to 103.6 billion ringgit in 2024.
- Who
- Khazanah Nasional Bhd, Malaysia's sovereign wealth fund
- What
- Plans to invest in power grids and semiconductor firms
- When
- Announced at the World Economic Forum in Davos on January 19, 2024
- Where
- Davos, Switzerland
- Why
- To support AI-driven growth and strengthen Malaysia's role in the global chip supply chain
- Organization
- Khazanah Nasional Bhd
- Focus Areas
- Power grids, semiconductor firms
- AI Impact
- Driving investment in energy and computing power
- Semiconductor Goal
- Move local firms up the value chain
- Net Asset Value (2024)
- 103.6 billion ringgit ($25.57 billion)
- Currency Outlook
- Potential strengthening of the ringgit