Fahmi: Malaysia secures RM37.4b investment commitments in digital sector

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Fahmi: Malaysia secures RM37.4b investment commitments in digital sector
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PETALING JAYA, Sept 25 — Malaysia has secured over RM37.4 billion in investment commitments in the digital technology sector as of August 2023, promising the creation of at...

PETALING JAYA, Sept 25 — Malaysia has secured over RM37.4 billion in investment commitments in the digital technology sector as of August 2023, promising the creation of at least 15,895 high-value jobs, said Communications and Digital Minister Fahmi Fadzil.

“Just recently, Prime Minister Datuk Seri Anwar Ibrahim witnessed the signing of three memoranda of understanding worth a total of RM19.84 billion between Malaysian and Chinese companies, further solidifying Malaysia’s position as an attractive destination for investments,” he said when officiating the Malaysia Digital Expo 2023 here today.

“It provides a platform for local and international companies to collaborate and explore new opportunities in the digital economy, and showcase Malaysia’s digital assets to attract high-value digital investments,” MDEC said in a statement today. The event is expected to attract over 150,000 participants from around the world, including investors, entrepreneurs, technology start-ups, trade associations, policymakers and digital professionals

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