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Saturday, April 15, 2023

DigitalBridge expected to invest RM4bil in Malaysia, says PM


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DigitalBridge expected to invest RM4bil in Malaysia, says PM


Anwar Ibrahim says a delegation from the digital infrastructure company recently met him.



Anwar Ibrahim (right) holding discussions with a delegation from DigitalBridge. (Facebook pic)


KUALA LUMPUR: Global-scale digital infrastructure firm DigitalBridge Group is expected to start investing more than RM4 billion in Malaysia’s infrastructure sector by the end of 2023, said Prime Minister Anwar Ibrahim.

He said DigitalBridge is a digital infrastructure company that invests in data centres, telecommunication towers and fibre-optic networks.

“According to a Knight Frank white paper, Malaysia’s digital infrastructure growth is the fastest (among five emerging markets in Southeast Asia) with 113 megawatts of take-up just in 2022, or four times that of Thailand,” he shared in a Facebook post today.

Anwar said he recently received a visit from a DigitalBridge delegation.

The prime minister also said he would remain committed and stressed the importance of ensuring a clean and conducive ecosystem to facilitate businesses and investments into the country.

“(This is) part of our efforts to drive economic growth for the people’s well-being. #MalaysiaMadani,” he added.


2 comments:

  1. Substantial digital infrastructure from Western companies will only become reality if Malaysia stays neutral, keeping good relations with China, which is obvious now, but also keeping good relations with the West.

    If Malaysia substantially Tilts towards being a defacto China Client State, with foreign policy being basically pre-approved by Beijing , then Western HiTech investments will dry up, and existing ones will also start to leave.

    ReplyDelete
    Replies
    1. Eat yr meeting heart out!

      "a defacto China Client State, with foreign policy being basically pre-approved by Beijing"

      U r still living within yr demoNcratic wet dream with yr yankee taiko calling all the shots, openly & underhandedly.

      Western capitalists care only who can give them the most profit margin at the lowest cost!

      Political costs included!

      When the yank lose their controlling military might, even their own in house vultures would turn to whoever can give them the best political brownies.

      Delete