KUALA LUMPUR – The Communications and Multimedia Ministry through the Malaysia Digital Economy Corporation has attracted more than RM7.2 billion in investments in the first half of 2022, apart from investments of RM10.94 billion recorded in 2021, bringing the total investment to RM18.14 billion.
Its Minister, Tan Sri Annuar Musa, said the investments which comprised foreign direct and domestic direct investments were projected to create close to 10,000 job opportunities.
“This accomplishment has proven that Malaysia is in the best position to achieve the digital investment target of RM70 billion by 2025, in line with the Malaysia Digital Economy Blueprint (MyDigital),” he told a media conference after attending the National Digital Network (Jendela) steering committee meeting today.
The digital investments were obtained from 53 rapidly-expanding and renowned companies from various countries including Australia, China, Japan, Singapore, Switzerland, the Netherlands, the United Kingdom, and the United States.
He also said that the efforts to attract investors are part of the national plan to make Malaysia the digital hub in Asean, as well as to help in accelerating the country’s economic recovery following the Covid-19 pandemic.
“Digital investments are very important in the economic recovery process, as it would create knowledge workers and help to expedite innovation as well as technology adaptation under the fourth industrial revolution, subsequently propelling the digital economy further and strengthen Malaysia’s position to become a digital economy,” he added. – Bernama, August 17, 2022
