Kuala Lumpur: Digital investment totalling RM185.3 billion has been approved from 2021 to June 2024, including projects from leading companies such as Nvidia Corp and Amazon Web Services, Prime Minister Datuk Seri Anwar Ibrahim said.
He said the efforts to attract investment in strategic digital sectors continue to be coordinated through the ‘Digital Investment Office’ initiative.
Anwar shared this information via a post on X’s social media platform after chairing the Fourth National Council for Digital Economy and Industrial Revolution (MED4IRN) Meeting No. 2/2024.
“I have been kept informed of the latest progress regarding the implementation of phase two of Malaysia’s Digital Economy Blueprint and the National 4IR Policy, which demonstrates positive development,” he said.
SPONSORED CONTENT Sinyi Group Founder, Chou Chun-Chi, Wins 2024 Asia Pacific Enterprise Award and Expands Sustainable Tourism Ventures in Sabah, Malaysia Kota Kinabalu: The 2024 Asia Pacific Enterprise Awards, hosted by Enterprise Asia, aims to recognize the most outstanding business leaders and organizations in the Asia-Pacific region. Read more He also noted that 21 of the government’s 25 digital projects, set to be completed by 2025, have been integrated with fourth industrial revolution (4IR) technologies.
“The meeting acknowledged the status of the country’s 5G network, one of the fastest globally, with Malaysia achieving 82 per cent 5G coverage in populated areas,” he added.
However, Anwar emphasised the need to further expand 5G services nationwide, prioritising industrial zones, critical services, schools, and especially public higher education institutions.
* Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss.
* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
