Malaysia, UAE ink MoU on advancing cooperation in data centre investments


KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) of Malaysia and the Ministry of Investment of the United Arab Emirates (UAE) have strengthened their commitment on advancing investment cooperation in the digital infrastructure sector.

MITI said both parties have signed a memorandum of understanding (MoU) today, marking a strategic partnership on the development of data centres in Malaysia, with potential projects anticipated to achieve a total capacity of 500 megawatts.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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

High jet fuel prices likely to spark structural shakeout in airline industry - aviation experts
Ringgit holds firm at 3.97 vs US$, stronger against major currencies
Bursa backs down as Middle East ceasefire deal in peril
Trading ideas: Inta Bina, Infoline, LSH, PMW, EPB, MNC, Talam, Focus, Kenyalang, Mayu, Perak, Golden, Eckem, MM Computer
Oil falls below US$100 on ceasefire announcement
LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market

Others Also Read