According to deputy communications minister Teo Nie Ching, more people from the industry are coming in for digital economy investment and are also looking to expand their operations in the country.
“Some of them have met me, like GDS IDC Services Sdn Bhd, and they said they are going double their investment in Malaysia,' she told reporters after attending the CloudTech and Data Centre Conference 2024 yesterday. 'Therefore, I believe that we are now on the right track, with the positive factors and the signals that we are receiving.”
Artist impression of Google's first data center and Google Cloud region in Malaysia, at Elmina Business Park in Greater Kuala Lumpur By creating an ecosystem for data centres and cloud services, Teo said this could potentially increase the number of industry suppliers in the country and allow for the creation of more high-value jobs for Malaysians as well. At the same time, this could ensure that Malaysia becomes a leader in Asean’s digital economy, she added.In her keynote address, Teo said Malaysia approved RM114.
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