Digital technology deals in Malaysia hit RM110bil - MDEC CEO


Malaysian Digital Economy Corporation (MDEC) chief executive officer Mahadhir Aziz

KUALA LUMPUR: Malaysia has facilitated RM110 billion in digital opportunities, almost double the target under the Malaysia Digital Blueprint’s (MyDigital) initiative, said Malaysian Digital Economy Corporation (MDEC) chief executive officer Mahadhir Aziz.

He said factors such as Singapore’s moratorium on new data centres and the shift of data centre investment to Malaysia have helped the country achieve MyDigital’s RM70 billion target earlier than 2025.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PETRONAS Dagangan expands used cooking oil collection network to 100 stations
Ringgit expected to stay softer vs US dollar next week
Ordered uncertainty in markets
Adding value to stocks
End of the RM1 fee tests cashless Malaysia
Hedge funds reopen pre-war playbook
Quiet exodus from UK market
Beds, bets and India travel
After the ceasefire
China tests Asean industry

Others Also Read