Malaysia Digital initiative secured RM141.72bil in investments, says Gobind


KUALA LUMPUR: The Malaysia Digital (MD) initiative saw RM141.72bil in digital investments approved from January to October this year, says Gobind Singh Deo.

The Digital Minister said the massive investment has seen 41,078 jobs created in the digital economy sector, both of which was a result of various initiatives that have been implemented by the government.

“These initiatives attracted more investment in the local digital economy through collaboration between local and international companies.

“This then increased investor confidence in the Malaysia digital market,” he told Parliament during his ministry winding up speech on the Supply Bill 2025 on Tuesday (Nov 12).

He also revealed that the Malaysia Digital Economy Blueprint (MDEB) had recorded 3,923 active start-up technology companies as of September this year.

He said that most companies are in the technology, fintech and smart economy sectors whose ecosystems have been supported by initiatives like the Malaysia Tech Entrepreneur Programme and funding through the Startup Development Fund.

Gobind was responding to a question by Datuk Seri Hamzah Zainudin (PN-Larut) on the number of jobs and digital investments MD had created so far this year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Sabah Railway to roll out cashless payment system by June
Tractor driver drowns after vehicle overturns into pond
Experts back comprehensive, balanced policy on social media age limit
Thunderstorms and heavy rain expected in Johor and Sarawak
Data, the star storyteller
Fahmi: 727 media practitioners have received Hawana aid
Johor takes on developers who fail to deliver homes
Chefs serve up tricks to keep healthy food tasty
Watchdogs: Good chance to reform and beef up agency
Japanese murder case suspect deported

Others Also Read