Anwar says SoftBank-led AI investment signals global confidence in Malaysia

KUALA LUMPUR, Nov 10 — Prime Minister Datuk Seri Anwar Ibrahim revealed that the SoftBank-led consortium's investment in an AI platform in Malaysia signifies global confidence in the country's potential to advance and utilize AI technology. Anwar highlighted that this investment aligns with Malaysia's 2030 goal to become an AI Nation, as outlined in the National AI Action Plan 2026-2030.

He expressed his satisfaction with the announcement made by the SoftBank-led consortium, which includes Grab Holdings Ltd and Petroleum Sarawak Bhd, to invest in an AI Infrastructure Platform in Sarawak and Peninsular Malaysia. Anwar noted that the interest of global investors like SoftBank and Masayoshi Son in Malaysia indicates strong trust in its national capabilities, investment environment, and political stability.

SoftBank CEO Masayoshi Son had chosen Kuching, Sarawak, and Peninsular Malaysia for the US$50 billion (RM202.86 billion) AI infrastructure investments. Anwar emphasized that the collaboration between SoftBank's capital and expertise, alongside Grab's regional AI capabilities and successful deployment of AI across its ecosystem, would substantially bolster Malaysia's AI infrastructure and global competitiveness.

He stated that as Malaysia establishes its AI infrastructure, the nation anticipates significant digital investments to support its sustainability objectives, while adhering to federal and state regulations, including those concerning renewable energy utilization. Anwar anticipated that this investment would generate skilled employment opportunities for Malaysians, facilitate the growth of AI expertise among citizens, and provide local businesses with chances to offer goods and services as Malaysia advances its AI capabilities.

The Prime Minister pledged the government's cooperation with relevant state authorities to expedite the highly anticipated project.