DIO approves RM162bil digital investments as at March

Mida's Sivasuriyamoorthy said one of the areas in which the country has excelled in attracting investments is hyperscale data centres.

KUALA LUMPUR: The Digital Investment Office (DIO) has approved a total of RM161.97bil in digital investments from the period of its establishment in 2021 until March 2024, according to the Malaysian Investment Development Authority (Mida).

Mida deputy chief executive officer of investment promotion and facilitation Sivasuriyamoorthy Sundara Raja said this milestone surpassed the RM70bil digitalisation investment target set as part of the Malaysia Digital Economy Blueprint (MyDigital) strategies for 2025.