PM: Over RM185bil in digital investments approved, including those from Nvdia and Amazon


Datuk Seri Anwar Ibrahim.-filepic

KUALA LUMPUR: Digital investment totalling RM185.3bil has been approved from 2021 to June this year, including projects from leading companies such as Nvidia Corp and Amazon Web Services, says the Prime Minister.

Datuk Seri Anwar Ibrahim said the efforts to attract investment in strategic digital sectors continue to be coordinated through the 'Digital Investment Office' initiative.

Anwar shared this information via a post on X's social media platform after chairing the Fourth National Council for Digital Economy and Industrial Revolution Meeting.

"I have been kept informed of the latest progress regarding the implementation of phase two of Malaysia's Digital Economy Blueprint and the National 4IR (Fourth industrial revolution) Policy, which demonstrates positive development," he said.

He also noted that 21 of the government's 25 digital projects - set to be completed by 2025 - have been integrated with 4IR technologies.

"The meeting acknowledged the status of the country's 5G network, one of the fastest globally, with Malaysia achieving 82% of 5G coverage in populated areas," he added.

However, Anwar stressed the need to further expand 5G services nationwide, prioritising industrial zones, critical services, schools, and especially public higher education institutions. - Bernama

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