KUALA LUMPUR: The Malaysia Digital (MD) initiative saw RM141.72bil in digital investments approved from January to October this year, says Gobind Singh Deo.
The Digital Minister said the massive investment has seen 41,078 jobs created in the digital economy sector, both of which was a result of various initiatives that have been implemented by the government.
“These initiatives attracted more investment in the local digital economy through collaboration between local and international companies.
“This then increased investor confidence in the Malaysia digital market,” he told Parliament during his ministry winding up speech on the Supply Bill 2025 on Tuesday (Nov 12).
He also revealed that the Malaysia Digital Economy Blueprint (MyDIGITAL), which is led by the Science, Technology and Innovation Ministry, has resulted in 3,923 active start-up technology companies as of September this year.
He said that most companies are in the technology, fintech and smart economy sectors whose ecosystems have been supported by initiatives like the Malaysia Tech Entrepreneur Programme and funding through the Startup Development Fund.
Gobind was responding to a question by Datuk Seri Hamzah Zainudin (PN-Larut) on the number of jobs and digital investments MD had created so far this year.
