Malaysia Records RM13.29 Bln Approved Investments In AI For January-June

KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia has successfully drawn approved investments totalling RM13.29 billion for the artificial intelligence (AI) sector under the Digital Malaysia initiative for the period from January to June this year, with the potential to create approximately 6,920 job opportunities.

Digital Minister Gobind Singh Deo said the achievement showed investor confidence in Malaysia’s potential as a regional AI hub, thus strengthening the country’s position in the global digital ecosystem.

He said the contribution of AI and technology to the country’s gross domestic product in 2023 was 23.5 per cent, and the government targeted the contribution to grow to 25.5 per cent by the end of 2025.

“I am confident that this target can be achieved based on positive developments in investments, talent development and the implementation of various AI use cases across sectors," he said.

He was replying to a question from Datuk Wira Ku Abd Rahman Ku Ismail (PN-Kubang Pasu) on the progress achieved by the National AI Office so far and what its contribution is to the development of AI.

This achievement is in line with the government's efforts to develop the National AI Action Plan 2026-2030, based on data, talent, and infrastructure, to ensure that the benefits of technology can be maximised for the economy and the rakyat.

-- BERNAMA