Various incentives for wafer fabrication investors.

GOVERNMENT support for investments in semiconductor fabricated wafers will soon see suitable tax and other non-fiscal incentives proffered to local and foreign investors.

This move, while aimed at providing Malaysia better access to wafer technology, is also meant as an inducement for multinationals to venture into a highly capital-intensive industry, also considered high-risk owing to its cyclical nature.

"The Government is prepared to support such projects," Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday when opening the RM5.5 billion SilTerra Malaysia semiconductor wafer fabrication facility at the Kulim Hi-Tech Park in Kedah.

Using …