Jaswant Singh, a senior director with a Government investment agency, will be retiring next week after 36 years of involvement in driving local and overseas investment into Malaysia.
He will be retiring as an executive director of Malaysian Investment Development Authority (MIDA), the principal government agency responsible for attracting, evaluating and facilitating foreign and local investments in the field of manufacturing and selected services.
Jaswant, a graduate of University of Malaya with an honours degree in Chemical Engineering (1977-1981), had joined the Malaysian agency in 1981.
Over the years, the Brickfields-born had led the investment division in Australia and Germany for nine years.
He was the MIDA director for Germany between 2002 and 2006 where he led the MIDA office in Cologne-based office to promote investment opportunities in Malaysia throughout Europe. He then was appointed as MIDA director for Australia and New Zealand (2006-2009).
Asked how did he contribute to the nation, Jaswant told Asia Samachar that he had assisted in ‘attracting investments from all over the world and domestic sources and contributed to policy advocacy for talent development in the country’. Among others, his forte are in chemical, petrochemical and life sciences industry.
As MIDA executive director for investment ecosystem since 2012, Jaswant was involved in areas like talent management and tariff matters.
He drove policy advocacy in local talent management strategies ranging from curriculum embedment for higher institutions of learning and technical/vocational institutes (TVET), promoted Industry/academia collaboration and led national level career fairs throughout Malaysia.
In the area of tariff, he is considered an expert in tariff matters on anti-dumping and countervailing duties. He also led the assessment of potential tax free exemption on import duties on machinery, equipment and raw materials.
His late father Jai Singh was a police pensioner and a licensed money lender while his late mother Sowaran Kaur was a housewife.
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