Business

Chinese Tech Players to Invest $410 Million in Malaysia

Malaysia has secured $410 million in confirmed digital investments from leading Chinese technology players, paving the way for the creation of over 6,800 high-value digital jobs nationwide, said Digital Minister Gobind Singh Deo said on Wednesday.

Deo, who led a high-level mission to China recently, said that this was the outcome of his visit to the dragon nation, and has reaffirmed Malaysia’s rising position as a regional leader in digital transformation and innovation.

According to him, the mission, held in conjunction with the World Artificial Intelligence Conference (WAIC) 2025 in Shanghai, yielded concrete outcomes and strategic advancements that will accelerate Malaysia’s transition into a digitally driven, high-income economy.

In a statement, Gobind Singh Deo also said that companies such as Baidu (via Wisetech), Tsing Digital, iSoftStone, Inspur Group, China Mobile International and China Unicom have pledged their support for Malaysia’s digital aspirations, bringing with them advanced technologies and deep expertise that will strengthen the nation’s tech ecosystem.

He said that the mission further demonstrated the strength and momentum of the Malaysia Digital (MD) initiative, which continues to attract high-quality investments aligned with national development priorities.

“Through MD status recognitions and strategic partnerships, Malaysia is advancing its global digital competitiveness while opening new opportunities in Selangor, Johor and Perak,” Deo said.

He also called on Chinese companies to establish more innovation centres in Malaysia, emphasising the country’s ambition to become a hub for digital innovation in ASEAN.

The Malaysian Minister highlighted the importance of building new technology-based ecosystems such as autonomous mobility platforms and a national command centre that will serve as key enablers of smart city development and advanced digital governance.

“As digital technologies reshape every facet of society, Malaysia continues to lead with a values-based and forward-looking approach,” he said.

Role of AI

The minister also said that the growing significance of artificial intelligence (AI) agents — intelligent systems capable of autonomous decision-making and task execution — as a defining feature of the modern digital landscape.

“These systems are revolutionising public services and industry, but their success depends on public confidence that they operate in ways that are safe, ethical and aligned with societal values,” Deo said.

He also announced Malaysia’s plan to launch the ASEAN AI Safety Network during its chairmanship this year to help harmonise governance frameworks across the region.

The Minister said that the world WAs entering the age of intelligence, where AI agents will play increasingly critical roles, and that people must trust that these systems are aligned with their values and societal needs.

To support responsible AI deployment, the Minister proposed development of AI certification frameworks, a mechanism to ensure that emerging technologies reflect national priorities, cultural context and ethical safeguards.

Global Business Magazine

Recent Posts

How does the UAE deal with AI mishaps?

UAE has introduced an UAE AI Act 2026 effective from March 2026 AI is more…

2 days ago

Al Barari luxury villa leased for record AED14 million over two years

fäm Properties deal sets new benchmark in one of Dubai’s most exclusive communities Dubai, UAE,…

2 days ago

CYSEC Africa 2026: Turning Cyber Threats into Africa’s Cyber Strength

The 19th Global Edition of CYSEC Africa brought together over 250 senior cybersecurity professionals —…

3 days ago

Landmark FIA report highlights major achievements in Sustainability, Diversity & Inclusion

FIA President Mohammed Ben Sulayem says Federation will continue to innovate, strengthen frameworks, and raise…

3 days ago

L&T Secures 380kV and 132kV Substation Contracts in the Middle East

Larsen & Toubro’s Power Transmission & Distribution business has secured significant EPC orders from clients…

5 days ago

Dubai Taxi Company to Acquire National Taxi in $394.8 Million Landmark Deal

This merger will add 2,700 vehicles to Dubai Taxi Company's fleet

6 days ago