Malaysia on track to achieving RM70b digital investment target by 2025, says PM Ismail Sabri

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GEORGE TOWN, Sept 13 — Malaysia is in a good position to achieve the RM70 billion digital investment target by 2025, in line with the country’s digital economy...

GEORGE TOWN, Sept 13 — Malaysia is in a good position to achieve the RM70 billion digital investment target by 2025, in line with the country’s digital economy blueprint.

“With world-class infrastructure, a holistic digital ecosystem, and highly skilled digital talent, Malaysia can be a major digital investment destination in Asean," the prime minister said at the official ceremony for the World Congress on Innovation & Technology here today. Since the MSC Malaysia initiative was launched in 1996, the country has attracted digital investments worth RM384 billion and generated180,000 jobs as well as RM588 billion in revenue, according to the prime minister.

Ismail Sabri noted that although MD was only launched in July, it has managed to attract foreign direct digital investments worth RM42 billion in only two months.

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