KWAP CEO urges investment in healthcare and tech for Malaysia's ageing population
KWAP chief Jay Khairil Jeremy Abdullah said Malaysia must fund healthcare, elder-care and independent-living technologies as its population ages.
At the National Conference on Ageing 2026 in Kuala Lumpur, KWAP CEO Jay Khairil Jeremy Abdullah warned that Malaysia’s ageing society will demand new health and social services. He called for long-term, disciplined investments in elder-care, healthcare products and technologies that enable seniors to live independently. KWAP plans to channel capital via its Dana Pemacu initiative, which supports the Government-Linked Enterprises Activation and Reform Programme (GEAR-uP) under the Ekonomi MADANI agenda.
Target sectors include the silver economy and digital solutions for retirees, with a focus on balancing social impact and financial returns. The fund is also upgrading the MyPesara digital platform and expanding community-based support. Collaboration with the Malaysian Research Institute on Ageing at Universiti Putra Malaysia, ongoing since 2017, underpins these efforts.
Why it matters
Investing in senior services will shape Malaysia's economy and quality of life as the population ages.
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