US firm to invest billions in Malaysia


Local delights: Anwar and Ahmad Samsuri flipping murtabak during Anwar’s visit to meet traders and visitors at the Ramadan bazaar in Gong Badak, Kuala Nerus. — Bernama

KUALA LUMPUR: US-headquartered digital infrastructure firm DigitalBridge Group is expected to start investing more than RM4bil in Malaysia’s infrastructure sector by the end of 2023, says Datuk Seri Anwar Ibrahim.

The Prime Minister said DigitalBridge 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 South-East Asia) with 113 megawatts of take-up just in 2022, or four times that of Thailand,” he shared in a Facebook post yesterday, Bernama reported.

Anwar said he recently received a visit from a DigitalBridge delegation, adding that he would remain committed to ensuring a clean and conducive ecosystem to facilitate businesses and investments in the country.

In Kuala Nerus, Terengganu, Anwar took the opportunity to meet visitors and traders at the Ramadan bazaar in Gong Badak.

He arrived at about 5.10pm to visit the stalls and greet traders and visitors, apart from purchasing delicacies such as kuih akok for the breaking of fast.

Among those who accompanied him were Mentri Besar Datuk Seri Dr Ahmad Samsuri Mokhtar as well as several state executive councillors.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Country's top real estate professionals honoured at StarProperty Awards
Indonesia's Mount Lewotobi volcano eruption: 124 Malaysians report presence in Labuan Bajo
Lorry ploughs into goldsmiths shop in Camerons
More than 20% tax on those earning above RM100,000, says Amir Hamzah
Penang police detain driver for causing fatal accident with toppled container
Malaysians can now use Taiwan’s e-Gate for immigration clearance
Mitra approves almost RM100mil for Indian community empowerment, says Ramanan
Government holding RM12bil in unclaimed monies
One dead in fatal fight among foreign workers, four arrested
Mohd Azmawi Fikri to be sworn in as Nenggiri assemblyman Nov 21

Others Also Read