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BackMalaysian Prime Minister: International investors plan to invest US$50 billion in Malaysia to develop AI and data centers
Malaysian Prime Minister: International investors plan to invest US$50 billion in Malaysia to develop AI and data centers
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中国新闻网1 hour agoBusiness1 min readChinaView original

Malaysian Prime Minister: International investors plan to invest US$50 billion in Malaysia to develop AI and data centers

The investment focuses on artificial intelligence, advanced technology and data centers, aiming to help Malaysia achieve its goal of becoming an "AI nation" in 2030.

Masayoshi SonSoftBank GroupAnwar

Quick Look

  • Malaysian Prime Minister Anwar revealed that Masayoshi Son, the founder of Japan's SoftBank Group, plans to invest US$50 billion in Malaysia, focusing on the development of artificial intelligence, advanced technology and data centers.
  • The investment, which is currently in the intention stage, aims to create local jobs and promote Malaysia’s goal of becoming an “AI nation” in 2030.

AI-generated summary

Why It Matters

Malaysia is promoting the strategic goal of building an “AI nation” by 2030. Prime Minister Anwar has previously had a video conference with Son on investment matters.

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China News Service, Kuala Lumpur, October 26 (Reporter Liu Yuying) Malaysian Prime Minister Anwar recently disclosed that an international investor plans to invest US$50 billion (approximately 333.4 billion yuan) in Malaysia to develop artificial intelligence (AI), advanced technology and data centers. The identity of the investor was further disclosed by the media on the 26th and was Masayoshi Son, the founder of Japan’s SoftBank Group.

According to media reports, Anwar held a video conference with Son Zhengyi on the 20th of this month to discuss relevant investment plans. Anwar relayed that Masayoshi Son intends to use Kuching, Sarawak and Peninsular Malaysia as investment locations.

Anwar said this potential investment is expected to bring more quality job opportunities to Malaysians, especially the younger generation. He also emphasized that Malaysia must strengthen talent training and technical capabilities in the fields of artificial intelligence, digitalization and semiconductors. This investment direction is also consistent with Malaysia’s goal of building an “AI nation” by 2030.

At present, this US$50 billion investment is still in the intention stage, and the formal agreement, specific projects and implementation timetable involving this investment have not yet been announced.

Open Questions

  • When will the formal investment agreement be signed?
  • What is the specific project implementation timetable?

Related Topics

Masayoshi Son
PeopleAnwar
OrganizationsSoftBank Group
PlacesKuala LumpurKuching, Sarawakmalaysia
TopicsSoftBank GroupAnwarmalaysiaartificial intelligencedata centerinvestment
This article was originally published by 中国新闻网.

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