Data centres make up the bulk of RM144.7bil in approved digital investments


Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz

KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) announced today that of the RM144.7 billion approved digital investments between 2021 and 2023, data centres make up RM114.7 billion, creating 39,231 job opportunities.

Its minister Tengku Datuk Seri Zafrul Abdul Aziz said that in 2021 the approved investments were RM3.4 billion, RM80.8 billion in 2022 and RM60.5 billion last year coming from various organisations including Amazon, GDS, YTL and ByteDance.

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!
Zafrul Abdul Aziz , Data centres , investments , MITI ,

Next In Business News

RHB completes five-year anti-corruption plan
Hextar Retail shareholder raises stake to 35.42%, triggering MGO
Gas Malaysia, PETRONAS Gas study pipeline link for Yan LNG terminal
Maybank among top winners at inaugural Bursa Malaysia IR Awards 2026
Butterfield FB upbeat on prospects ahead of ACE Market debut
Hengyuan Refining renews Shell Malaysia supply deal for 10 years
MN Holdings bags RM67.32mil TNB underground cable contract
Ringgit ends marginally lower against US dollar after strong US jobs data
KSL shareholders get SC exemption from mandatory takeover offer
CBH Engineering secures RM88.05mil data centre contract in Selangor

Others Also Read