Malaysia Attracts RM16.2 Billion In Digital Investments Solidifying Position As ASEAN’s Tech Hub

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Malaysia’s digital economy continues to go from strength to strength, emerging as a strategic engine of growth that generates jobs, opens up new opportunities, and fosters innovation for businesses and the rakyat across the nation.

Backed by strong global investor confidence, total approved investments under the Malaysia Digital (MD) initiative reached RM16.2 billion (approx. USD3.4 billion) from January to April this year.

Minister of Digital Gobind Singh Deo, speaking at the official launch of the Ministry of Digital’s Northern Regional Office, stated that this robust investment momentum is expected to generate 6,480 job opportunities and reinforce Malaysia’s standing as a regional digital leader.

“These new opportunities are set to provide more gainful employment for Malaysians while nurturing a new generation of innovators and digital talent to drive our nation’s future growth,” said the Minister.

Of the 148 companies awarded MD status during the period, Artificial Intelligence (AI) firms made up the largest share at 27%, followed by Data Centres and Cloud subsectors (23%), and Global Business Services (11.5%).

Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil said, “This strong investment momentum reflects the trust global investors place in Malaysia’s digital ecosystem. With world-class infrastructure, competitive talent and progressive policies under Malaysia Digital, we are going beyond building capabilities to nurture a national culture of innovation that drives long-term growth and opportunities for Malaysia.”