Summary
- SoftBank-led consortium announces AI infrastructure investment in Malaysia.
- Project involves Grab and PETROS, covering Sarawak and Peninsular Malaysia.
- Investment expected to create skilled jobs and strengthen Malaysia’s AI capabilities.
KUALA LUMPUR, November 10 — Prime Minister Anwar Ibrahim welcomed a major artificial intelligence infrastructure investment by a SoftBank-led consortium involving Grab and Petroleum Sarawak Bhd (PETROS).
The proposed investment, reportedly valued at US$50 billion (RM202.86 billion), targets Sarawak and Peninsular Malaysia. Anwar said the initiative supports Malaysia’s ambition.
To become an AI Nation by 2030 under its National AI Action Plan. He expects the project to create skilled jobs, strengthen AI infrastructure and generate opportunities for local businesses.
The investment must also comply with federal and state requirements, including renewable energy regulations.
