Industrial parks to get annual star ratings from 2025

KUALA LUMPUR: The investment, trade and industry ministry is collaborating with the Standard and Industrial Research Institute of Malaysia (Sirim) to set up a star rating system for industrial parks next year.

Its deputy minister Liew Chin Tong said this was to ensure that every industrial park met “acceptable standards”.

He said the star rating system would evaluate four key parameters, namely planning and management; infrastructure and business competitiveness; environmental sustainability; and social responsibility.

“These measures will ensure that every industrial park in Malaysia meets acceptable standards while calling out those that do not meet the standards.

“Soon, these guidelines will be seamlessly integrated into the MYSite Selection Portal, empowering investors with detailed, transparent assessments,” he said at the launch of the MYSite portal and the Malaysia Industrial Park Directory.

The digital portal developed by the Malaysian Investment Development Authority (Mida) combines geospatial analytics with comprehensive industrial data to help investors select their preferred industrial site.

Through MYSite, users can access real-time information about industrial parks across Malaysia, complete with infrastructure details, connectivity options and sustainability metrics.

The Malaysia Industrial Park Directory launched by Mida and the Federation of Malaysian Manufacturers provides detailed information about industrial parks across the country.

“Malaysia’s ambition is to build a resilient supply chain for various industries, including strategic sectors like semiconductors,” said Liew.

“The MYSite portal and Malaysia Industrial Park Directory will facilitate this journey by allowing investors to swiftly identify areas with the best suitability for their operations and tap into our robust and mature manufacturing ecosystem,” Liew said.