Malaysia secures over $13B digital investment in Q3

The Malaysia Digital Economy Corporation said in a statement quoted by Malaysia’s national news agency Bernama that the top four sources of approved digital investments were Singapore-based investors, contributing RM25.1 billion, followed by those from Malaysia (RM17.2 billion), the U.S. (RM6.4 billion) and China (RM3 billion).

"Artificial intelligence (AI)-related investments alone accounted for 8,328 jobs created, representing 38% of total projected employment, reflecting rising demand for digital professionals, data scientists, AI engineers, and specialized service talent," Bernama cited the statement.

"The Klang Valley continues to be the focal point of digital investments, with Federal Territory of Kuala Lumpur and Selangor attracting 88% of total investments, amounting to RM47.8 billion and nearly 90% of the 19,417 digital jobs created, supported by mature infrastructure, strong talent concentration, and high ecosystem readiness."

Malaysian Digital Minister Gobind Singh Deo said the strong investment momentum reflects the country’s readiness to lead in the AI era, enabling it to move up the value chain from being users of technology to becoming creators of globally competitive AI solutions.

Echoing the sentiment, Anuar Fariz Fadzil, MDEC's chief executive officer, said Malaysia is a premier destination for both foreign and domestic AI investments, driven by its strategic position as a digital hub within ASEAN and a highly skilled local talent workforce.