Unnamed investor plans US$50 billion push into Malaysia’s AI sector
Prime Minister Anwar Ibrahim said the proposal would also cover new technology and data centres in Kuching, Sarawak, and Peninsular Malaysia.
An undisclosed global investor is planning to put US$50 billion into artificial intelligence, new technology and data centres in Malaysia, according to Prime Minister Datuk Seri Anwar Ibrahim. The plans extend to both Peninsular Malaysia and Kuching in Sarawak.
Anwar said the investor had outlined its intentions to him in a video conference. He characterised the proposal as among the region’s largest investments, without identifying the company.
He discussed the plans at the Hang Jebat Sports Complex during the Sentuhan Kasih Madani Programme and the launch of the National Cost of Living Action Plan 2030.
The prime minister said the investment could open up jobs for Malaysians, including young people still at school or in higher education. He urged students to prepare for opportunities in emerging technology.
Anwar also called for stronger Malaysian capabilities in AI, digitalisation and semiconductors. Training and skills development would be important for moving from back-end activities towards higher-value middle- and front-end operations, he said. He added that investment and economic growth must deliver better jobs and living standards for Malaysians.
