17 Mar 2021 / 09:31 H. PETALING JAYA: The Malaysian Investment Development Authority (Mida) and UMW Corp Sdn Bhd have entered into a memorandum of understanding (MoU) to further drive high-value quality investments into the country, by capitalising on each other’s capabilities and strengths to explore potential key areas of collaboration to attract investments that would create value to the nation’s economy. In a joint statement, the parties said the investments include mobility, aerospace, machinery and equipment, manufacturing and engineering, talent training, research and development as well as industrial land development. “The MoU will be a stepping stone to accelerate innovative and high-value industry stakeholders, including the UMW Group, to seize opportunities arising from the technology revolution in the new norm,” it said.