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

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read