Tech giant Microsoft agrees to increase investment in Malaysia to USD2.2 bln over next 4 years

Anwar (right) welcoming Satya in Putrajaya today (May 2, 2024). Photo credit: Prime Minister's Department

By DayakDaily Team

KUCHING, May 2: Microsoft Corporation Chairman and Chief Executive Officer Satya Nadella has announced that the technology giant has agreed to increase its investment amounting to USD2.2 billion (RM10.5 billion) in Malaysia for the next four years.

Prime Minister Dato Seri Anwar Ibrahim said that this amount is the largest investment at any one time by Microsoft after being established in Malaysia for 32 years.


He elaborated that this investment covers the development of cloud systems and infrastructure and Artificial Intelligence (AI), the creation of AI skill opportunities for an additional 300,000 people, the establishment of a National AI Centre of Excellence, enhancing the nation’s cyber security capabilities and supporting the growth of the system developer community in Malaysia.

“Malaysia welcomes this investment decision which proves their (Microsoft) confidence in the country’s strong economic base, clear and focused policies, in addition to investor friendliness and political stability, he said in a Facebook post after receiving Satya and a Microsoft delegation at Putrajaya today.

Anwar highlighted that such investment is in line with and will be a major support of the government’s focus on developing AI capacity in the country.

“Hopefully, this collaboration between Malaysia and Microsoft can bring significant benefits to the country and the people as a whole,” he said.

Later, Anwar and Satya attended the National AI Leadership Forum to attend a dialogue regarding matters that touch on technology, namely AI and the government’s plans to prepare the country for this current of change. — DayakDaily