PM: Global Investor Plans US$50 Billion Investment In AI, Data Centres In Malaysia
Prime Minister Datuk Seri Anwar Ibrahim has revealed that a global investor plans to invest US$50 billion (~RM204 billion) in Malaysia’s artificial intelligence (AI), new technology and data centre sectors. The proposed investment will cover Kuching, Sarawak, and Peninsular Malaysia, although the investor’s identity has yet to be disclosed. Speaking at the Sentuhan Kasih Madani […] The post PM:…
Prime Minister Datuk Seri Anwar Ibrahim announced that a global investor will invest US$50 billion (~RM204 billion) in Malaysia’s AI, new technology, and data centre sectors. The investment will span Kuching, Sarawak, and Peninsular Malaysia, though the investor's identity remains undisclosed. Anwar disclosed the planned investment during a video conference with him last Tuesday.
He described it as one of the largest investments in the region, with the potential to generate employment opportunities for Malaysians, particularly younger generations currently in school or higher education. In order to capitalize on the influx of investment, Anwar advised students to prepare for the growing opportunities in emerging technology sectors.
The news of this substantial investment has led to speculation about the potential investor, with Meta being a potential candidate, although this remains unconfirmed. Other major tech companies, such as Oracle, Amazon Web Services (AWS), NVIDIA, Microsoft, ByteDance, and Alphabet, have also committed significant investments to data centres and cloud infrastructure in Malaysia.
Written by urgent.news from Lowyat.NET's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
