Microsoft’s recent announcement of US$2.2 billion investment in artificial intelligence and cloud computing in Malaysia is due to the Malaysian government’s National Energy Transition Roadmap , said Economy Minister Rafizi Ramli.
Rafizi said there is now a continuous flow of new investments facilitated by the regular interactions between the prime minister and major investors. “I always attend most of the meetings,” he shared. The second aspect is the presence of digitisation in Malaysia, given its advantages for technology companies.
The country imported about 25% of its gas requirements last year because of limited domestic production of natural resources such as oil and gas, he disclosed.
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