[ad_1]
MALAYSIA has strengthened its position as a leading destination for digital investments in Asean, following the mission led by Digital Minister Gobind Singh Deo to the Singapore International Cyber Week (SICW) 2025, from Oct 21-23.
The high-impact mission successfully secured RM15bil in approved digital investments from Singapore-based technology companies.
These investments are a direct outcome of the Malaysia Digital (MD) initiative, a national strategy to drive digital transformation, attract high-value investments and enhance Malaysia’s global competitiveness within the tech ecosystem.
Gobind said that the mission aimed to strengthen Malaysia–Singapore collaboration by fostering strategic partnerships, driving cross-border innovation with key digital players and promoting Malaysia as the gateway to Asean for global and regional technology companies.
“We are proud to witness such strong confidence from Singapore-based investors. This will accelerate the development of Malaysia’s data infrastructure and firmly position the nation as the region’s leading hub for technology and innovation in Asean. We are excited to deepen this cross-border collaboration for mutual digital prosperity,” he said.
Meanwhile, Malaysia Digital Economy Corporation (MDEC) industry and ecosystem senior vice president Gopi Ganesalingam reaffirmed Singapore’s pivotal role as a long-term partner in Malaysia’s digital transformation journey.
“Singapore remains one of our most important investment partners. The investments secured through this mission mark a significant milestone for the MD initiative and our efforts to position Malaysia as the Digital Heart of Asean,” he said.
As part of the mission, several companies were officially awarded MD status, committing to substantial digital investments and job creation targets that will directly support Malaysia’s digital transformation, AI development and talent ecosystem.
The companies were:
> AOLANI Cloud: Committed RM10.8bil to establish advanced data centres and cloud infrastructure in Malaysia to support high-performance computing and AI applications;
> MYS AssetCo (DDSP): Announced an initial amount of RM1.7bil investment to develop a hyperscale data centre and its supporting energy infrastructure;
> Easybook: Invested RM1.4bil to expand its digital mobility services, establishing a regional R&D centre and operations hub in Malaysia; and
> Bitdeer Technologies Group: Committed RM1.1bil to set up blockchain digital infrastructure catering to global digital asset operations.
MDEC’s approved digital investments from Singapore this year amounted to RM25.18bil across key digital sectors, including data centres, AI development, mobility solutions and blockchain infrastructure.
These milestones highlight Malaysia’s continued success in attracting quality and high-impact investments.
In conjunction with SICW 2025, the Malaysian delegation also attended the 10th Asean Ministerial Conference on Cybersecurity (AMCC), where discussions focused on strengthening regional cyber resilience, cross-border data governance and multi-stakeholder collaboration to safeguard the region’s digital ecosystem.
The mission reflects the nation’s unwavering commitment to advancing its digital leadership through innovation, sustainability and trusted international partnerships.
Guided by the MD initiative, the Digital Ministry and MDEC continue to drive strategic collaborations that position Malaysia as the digital heart of the region.
For more information, visit https://mdec.my.
[ad_2]
Source link