KUALA LUMPUR, June 12 — Prime Minister Datuk Seri Anwar Ibrahim has unveiled Malaysia’s substantial commitment to the digital future, announcing the approval of RM114.7 billion in investments for data centers and cloud services between 2021 and 2023. These investments have spurred the creation of 2,325 high-value new jobs, encompassing roles such as data scientists, analysts, engineers, cybersecurity experts, and network engineers.
In a notable social media update on X (formerly Twitter), PM Anwar emphasized the Madani Government’s ambition to position Malaysia as a sustainable hub for Artificial Intelligence (AI) Data Centers in Southeast Asia, further solidifying its standing as a premier global investment destination. Following the 4th National Investment Council (NIC) meeting, chaired by Anwar in his role as finance minister, significant agreements were forged for the Ministry of Investment, Trade, and Industry (MITI) to enhance the existing incentive framework for AI data centers through the Malaysian Investment Development Authority (MIDA).
This comprehensive approach includes initiatives to promote the use of energy and water-efficient equipment and collaboration with the Ministry of Energy Transition and Natural Resources to secure ample renewable energy supply for AI data centers, underscoring Malaysia’s dedication to fostering innovation and economic growth in the digital realm.
