{"id":36959,"date":"2026-10-09T21:20:49","date_gmt":"2026-10-09T13:20:49","guid":{"rendered":"https:\/\/www.kwap.gov.my\/stg\/?post_type=media-centre&#038;p=36959"},"modified":"2026-10-09T22:12:49","modified_gmt":"2026-10-09T14:12:49","slug":"budget-2027-commentary","status":"publish","type":"media-centre","link":"https:\/\/www.kwap.gov.my\/stg\/media-centre\/budget-2027-commentary\/","title":{"rendered":"Budget 2027: KWAP to Continue Mobilising Long-Term Domestic Capital for Malaysia\u2019s Growth"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"36959\" class=\"elementor elementor-36959\" data-elementor-post-type=\"media-centre\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5994536 e-ecs-flex e-flex e-con-boxed e-con e-parent\" data-id=\"5994536\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;ecs_container_type&quot;:&quot;flex&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e99f0c4 elementor-widget elementor-widget-image\" data-id=\"e99f0c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1080\" height=\"1350\" src=\"https:\/\/www.kwap.gov.my\/stg\/wp-content\/uploads\/2026\/10\/image-2.webp\" class=\"attachment-full size-full wp-image-36991\" alt=\"\" srcset=\"https:\/\/www.kwap.gov.my\/stg\/wp-content\/uploads\/2026\/10\/image-2.webp 1080w, https:\/\/www.kwap.gov.my\/stg\/wp-content\/uploads\/2026\/10\/image-2-240x300.webp 240w, https:\/\/www.kwap.gov.my\/stg\/wp-content\/uploads\/2026\/10\/image-2-819x1024.webp 819w, https:\/\/www.kwap.gov.my\/stg\/wp-content\/uploads\/2026\/10\/image-2-768x960.webp 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c8f683 elementor-widget elementor-widget-text-editor\" data-id=\"0c8f683\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Key Highlights<\/strong><\/p>\n<ul>\n<li>RM1.5 billion through Dana Pemacu<\/li>\n<li>RM1 billion through Dana Iklim<sup>+<\/sup><\/li>\n<li>RM200 million through Dana Perintis<\/li>\n<li>Up to RM1 billion towards Malaysia\u2019s semiconductor sector<\/li>\n<li>RM750 million through Projek Vista Kampus for purpose-built student accommodation across selected local public and private universities<\/li>\n<li>RM50 million towards UniVC to encourage the commercialisation of university-led research<\/li>\n<li>RM1,350 minimum monthly pension, increased from RM1,000<\/li>\n<\/ul>\n<p><strong>KUALA LUMPUR, 9 October 2026<\/strong> \u2013 Kumpulan Wang Persaraan (Diperbadankan) [KWAP] welcomes Budget 2027 and the Government\u2019s continued commitment to realising the Ekonomi MADANI vision. By balancing the immediate needs of the rakyat with the country\u2019s longer-term economic priorities, the Budget sets out measures to sustain Malaysia\u2019s growth momentum, strengthen national competitiveness, and improve the wellbeing of Malaysians.<\/p>\n<p>Under the theme \u2018<em>Malaysia MADANI: Menggapai di Langit, Mengakar di Bumi<\/em>\u2019, Budget 2027, as presented by YAB Dato\u2019 Seri Anwar Ibrahim, Prime Minister and Minister of Finance, highlights the Government\u2019s continued focus on strengthening Malaysia\u2019s economic competitiveness through the development of high-value industries, quality investments, technological innovation, and enhanced productivity.<\/p>\n<p>Alongside these priorities, KWAP also welcomes the Government\u2019s commitment to reducing the fiscal deficit to 3.3% of Gross Domestic Product (GDP) in 2027, from a projected 3.6% in 2026. This target reflects the Government\u2019s continued efforts to strengthen public finances through gradual consolidation, enhance economic resilience, and create greater flexibility to address future challenges.<\/p>\n<p>Dato\u2019 Jay Khairil Jeremy Abdullah, Chief Executive Officer of KWAP, said, \u201cBudget 2027 highlights the important role of long-term domestic capital in catalysing Malaysia\u2019s economic progress. For KWAP, our priority remains to invest the Retirement Fund prudently and generate sustainable long-term returns, while pursuing investment opportunities that complement the Government\u2019s development priorities under Ekonomi MADANI.<\/p>\n<p>\u201cBy deploying capital strategically in Malaysia, we aim to support the development of local businesses, strengthen key sectors, and encourage greater private capital participation. Beyond investments, we are contributing to the Government\u2019s broader efforts in improving the rakyat\u2019s wellbeing through the implementation of the revised minimum wage. These are areas where KWAP can contribute meaningfully to nation-building while remaining focused on our responsibilities as a long-term institutional investor.\u201d<\/p>\n<p>KWAP plans to mobilise capital across private markets, strategic sectors, and the domestic capital market, subject to KWAP\u2019s investment processes, risk-return considerations, and market conditions.<\/p>\n<p>This includes <strong>RM1.5 billion through Dana Pemacu<\/strong> to strengthen local fund management capabilities, crowd in private capital, and provide Malaysian businesses with greater access to growth-stage financing; <strong>RM200 million through Dana Perintis<\/strong> to spur Malaysia\u2019s start-up and innovation ecosystem; and <strong>RM1 billion through Dana Iklim<sup>+<\/sup><\/strong> towards climate-focused investments to facilitate Malaysia\u2019s energy transition.<\/p>\n<p>KWAP intends to allocate <strong>up to<\/strong> <strong>RM1 billion towards the semiconductor sector<\/strong>, supporting opportunities across the value chain and strengthening Malaysia\u2019s domestic capabilities and industrial competitiveness.<\/p>\n<p>Further to these commitments, KWAP plans to channel <strong>RM750 million through Projek Vista Kampus<\/strong> for purpose-built student accommodation across selected local public and private universities to support Malaysia\u2019s higher education infrastructure needs.<\/p>\n<p>To further strengthen Malaysia\u2019s innovation ecosystem, the Government and KWAP will establish the <strong>RM50 million UniVC fund<\/strong> to support the commercialisation of university research and encourage greater private capital participation in homegrown innovation.<\/p>\n<p>Budget 2027 also announced an increase in the <strong>minimum monthly pension from<\/strong> <strong>RM1,000 to RM1,350<\/strong>, benefiting nearly 59,000 pensioners, and recipients of derivative pensions, among others. In addition, special financial assistance of RM750 will be extended to government retirees.<\/p>\n<p>This reaffirms KWAP\u2019s role as a GLIC in mobilising long-term capital to support the nation\u2019s economic priorities, while remaining firmly guided by its mandate under the Retirement Fund Act 2007 [Act 662], fiduciary responsibilities, and commitment to Malaysian pensioners. KWAP will continue to invest with purpose and discipline, delivering sustainable long-term returns while strengthening Malaysia\u2019s investment ecosystem, building domestic capabilities, and contributing the nation\u2019s long-term economic growth.<\/p>\n<p>\u2013 END \u2013<\/p>\n<p><strong>About Kumpulan Wang Persaraan (Diperbadankan)<\/strong><\/p>\n<p>Kumpulan Wang Persaraan (Diperbadankan) [KWAP] or the Retirement Fund (Incorporated) was established on 1st March 2007 under the Retirement Fund Act 2007 (Act 662) replacing the repealed Pensions Trust Fund Act 1991 (Act 454).<\/p>\n<p>KWAP manages contributions from the Federal Government and relevant agencies made into the Retirement Fund [Fund] to obtain optimum returns on its investments through sound management and investment of the Fund in equity, fixed income securities, money market instruments, and other forms of investments as permitted under the Retirement Fund Act 2007 (Act 662). The Fund shall be applied towards assisting the Federal Government in funding its pension duties. In 2015, KWAP was officially appointed as an agent of the Federal Government for the purpose of payment of pension, gratuity, and other benefits granted under any written law from the Consolidated Fund as agreed between the Federal Government and KWAP.<\/p>\n<p>Visit <a href=\"https:\/\/www.kwap.gov.my\/\"><strong>www.kwap.gov.my<\/strong><\/a> for more information.<\/p>\n<p><strong>Issued by Kumpulan Wang Persaraan (Diperbadankan) [KWAP]<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"featured_media":0,"parent":0,"template":"","categories":[27],"tags":[730],"media_centre":[172],"class_list":["post-36959","media-centre","type-media-centre","status-publish","hentry","category-press-release","tag-730","media_centre-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Budget 2027: KWAP to Continue Mobilising Long-Term Domestic Capital for Malaysia\u2019s Growth - 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