India's Eros Investments to invest US$1bil in Malaysia, minister says


Digital Minister Gobind Singh Deo - Bernama

KUALA LUMPUR: India's Eros Investments and its Immerso AI-IP unit are expected to invest $1 billion to develop an artificial intelligence park and movie studio in Malaysia, Malaysia's digital ministry said on Thursday.

The investment, which is expected to include an AI university and data centre in the park, has the potential to create 5,000 jobs in the next five years, the ministry said in a statement. - Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Eros , AI , movie

Next In Business News

Bank Negara's international reserves at US$124.1bil as at Nov 28
Capital A expect to exit PN17 status by year-end
Felda proposes establishing national taskforce to develop oil palm carbon framework
Bursa Malaysia remains lower at midday, KLCI down 0.54%
Geohan secures RM59mil contracts for Penang LRT project
MUI Properties to buy Ijok land for RM605mil
Geohan sets sights on Singapore to drive regional growth
DRB-Hicom shares up on revised US$110.62mil purchase price for Spirit MY
AirAsia X eyes second-tier cities and broader Europe-Central Asia connectivity next year
Japan's Nikkei skids in subdued Asia as bets of rate hike grow

Others Also Read