Malaysia draws RM7.2bil in digital investments in 1H22


Communications and Multimedia Minister Tan Sri Annuar Musa

KUALA LUMPUR: The Ministry of Communications and Multimedia (K-KOMM) through Malaysia Digital Economy Corporation (MDEC) has attracted more than RM7.2 billion in investments in the first half of 2022, apart from investments of RM10.94 billion recorded in 2021, bringing the total investments to RM18.14 billion.

Its Minister, Tan Sri Annuar Musa, said the investments which comprised foreign direct investment (FDI) and domestic direct investment (DDI) were projected to create close to 10,000 job opportunities.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
K-KOMM , FDI , DDI , investment , JENDELA , digital economy

Next In Business News

Jinhua – a trading hub without borders
Asia bonds for diversification
Singapore’s financial sector a big winner
AI disruption fears rock markets
Up in Arms - or up the value chain?
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use
Chow Tai Fook courts the young
From the ashes of Fluff comes Big Mouth

Others Also Read