KUALA LUMPUR, March 18 (Xinhua) -- Malaysia has secured 87.4 billion ringgit (22.35 billion U.S. dollars) in approved digital investments in 2025, driven largely by growth in artificial intelligence (AI), big data, data centers and cloud services.
This has significantly contributed to the 152.9 billion ringgit of approved investments in the information and communication sub-sector, as recently reported by the Malaysian Investment Development Authority (MIDA), the Malaysia Digital Economy Corporation (MDEC) said in a statement on Tuesday.
According to the statement, the investments, secured from more than 600 Malaysia Digital status companies, are expected to generate over 31,000 high-value jobs, reinforcing Malaysia's position as a leading digital investment destination in ASEAN.
This performance reflects a clear, strong signal that Malaysia's ambition of becoming an AI nation by 2030 is progressing well, it noted.
"These achievements validate the strength of our national digital blueprint in attracting high-value investments. By strengthening digital infrastructure, developing future-ready talent and fostering innovation, Malaysia is accelerating its progress towards becoming an AI nation by 2030," said Digital Minister Gobind Singh Deo.
It is noted that domestic investors accounted for the largest share of digital investments at 36.66 billion ringgit. This was complemented by the top three foreign investments from Singapore (32.16 billion ringgit), the United States (11.43 billion ringgit), and China (3.80 billion ringgit). (1 ringgit equals 0.26 U.S. dollars) ■
