KUALA LUMPUR, 29 APRIL 2025: Malaysia has recorded RM16.2 billion in total approved investments under the Malaysia Digital (MD) initiative between January and April this year, said Digital Minister Gobind Singh Deo.
Delivering his keynote speech at the MD Open Day 2025 today, Gobind said, “Investor confidence in Malaysia remains strong. Our top five sources of foreign direct investments include the Netherlands, Singapore, Hong Kong, India and the United Kingdom, a reflection of our robust infrastructure and investor-friendly policies.”
The minister said the investment momentum is projected to generate almost 6,500 job opportunities and reinforce Malaysia’s standing as a regional digital leader.
Elaborating further, Gobind noted that AI (artificial intelligence) companies now make up the largest share of new MD status companies at 27%, followed by data centres at 23% and Global Business Services at 11.5%.
He said that of the total approved investment, RM9.9 billion, or more than 60%, was contributed by data centres and cloud investments.
Also present at the event were Penang Deputy Chief Minister II Jagdeep Singh Deo, Penang Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari, and Malaysia Digital Economy Corporation (MDEC) chairman Syed Ibrahim Syed Noh.
Gobind highlighted that, to date, Malaysia hosts 3,891 active MD companies, including 254 located in the northern region. In Penang alone, RM1.23 billion in MD-approved investments have been secured, expected to create 266 jobs.
“While 93% of these investments are driven by data centres and cloud, more than 60% of job opportunities are in high-value sectors such as IC (integrated circuit) design and embedded software,” he added.
The MD Open Day 2025 also witnessed the official launch of the Digital Ministry’s northern regional office, reinforcing the government’s commitment to regional empowerment and nationwide alignment.
Gobind stressed that these achievements reaffirm Malaysia’s appeal as a leading digital investment destination and, more importantly, reflect the real-world impact being driven across the economy and workforce.