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

Bung's son named as BN's Kinabatangan candidate
PM welcomes IMF's latest assessment of Malaysia’s economic performance
LHDN: RM17bil tax refund processed, remaining RM2bil to be disbursed by end of Dec
Pahang Sultan, Tengku Ampuan treat Kuantan flood victims to meals made by palace chefs
Preschool curriculum in 2026 to focus on reading practices, says Education Minister
Govt urged not to slash allowance of medical officers transferred to Sabah, Sarawak
Dead woman's body too decomposed to determine cause of death, say Negri cops
Melaka police detain 15 foreigners over human trafficking
Perak's single-use plastic ban postponed to March 1, 2026
Media must use AI to drive efficiency

Others Also Read