The Malaysia Digital Economy Corporation said in a statement on Monday that the investment highlights sustained investor confidence in the country's digital ecosystem and reflects Malaysia's long-term artificial intelligence (AI)-driven growth trajectory.
According to the statement, the top sources of approved digital investments were Singapore-based investors, contributing 25.1 billion ringgit.
Malaysia's Minister of Digital Gobind Singh Deo said the strong investment momentum reflects Malaysia's readiness to lead in the AI era, enabling the nation to move up the value chain from being users of technology to becoming creators of globally competitive AI solutions.
"The continued inflow of high-quality digital investments into Malaysia demonstrates international confidence in our policies, our talent, and our long-term vision for responsible and inclusive AI-driven growth," he added. (1 ringgit equals 0.25 U.S. dollars)
Source: Xinhua

