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

Formula 1® returns to Türkiye’s  Istanbul Park from 2027 as part of new five-year agreement

Formula 1® today announced that the Turkish Grand Prix will return to the FIA Formula…

5 days ago

FIA President H.E. Mohammed Ben Sulayem hails collaborative effort as Formula One agrees 2026 regulatory refinements

“All parties have remained fully committed to acting in the best interests of Formula One”…

5 days ago

Dubai luxury developers must raise their game as market enters new era, says Keturah founder

Discipline, execution and long-term value define a market that has weathered instability before and emerged…

5 days ago

FIA President H.E Mohammed Ben Sulayem meets with Montenegrin Prime Minister Milojko Spajić

Discussions touched on how continued growth of Montenegro’s motorsport can help boost the economy  Dubai,…

5 days ago

Qatar Accelerates Digital Governance with Thousands of Services Now Online

Nationwide transformation drive positions the country as a regional leader in smart government Qatar is…

1 week ago

UAE Workforce on Edge as Pay Cut Fears Rise Amid Regional Uncertainty

Labour laws offer strong safeguards, but companies weigh cost pressures and restructuring options As geopolitical…

1 week ago