Anwar hails RM203b Softbank-led AI investment as vote of confidence in Malaysia
PRIME MINISTER Datuk Seri Anwar Ibrahim has described the proposed US$50 billion (RM202.86 billion) investment by a SoftBank-led consortium in Malaysia's artificial intelligence (AI) infrastructure as a strong endorsement of the country's inv...
Prime Minister Datuk Seri Anwar Ibrahim hailed a US$50 billion (RM202.86 billion) investment by a SoftBank-led consortium as a vote of confidence in Malaysia's investment climate and political stability. The investment, set to enhance Malaysia's AI infrastructure, aims to accelerate the country's goal of becoming an AI Nation by 2030.
Anwar described the project as a significant milestone in the nation's digital transformation, praising the consortium's participation which includes Grab Holdings Ltd and Petroleum Sarawak Bhd.
The global investors' confidence, particularly that of SoftBank and Masayoshi Son, reflects the country's strong capabilities and investment environment. Anwar emphasized that this investment, combining SoftBank's financial resources with Grab's regional AI expertise, will bolster Malaysia's infrastructure and global competitiveness.
The government anticipates the investment to generate skilled employment opportunities and enhance local AI expertise. He noted that such large-scale digital investments must also support Malaysia's sustainability commitments and adhere to all relevant federal and state regulations, particularly those concerning renewable energy.
This investment aligns with Malaysia's National AI Action Plan 2026-2030, which seeks to accelerate AI development and adoption across key economic sectors.
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