DigitalBridge Expected To Invest RM4 Billion In Malaysia’s Infrastructure Sector

Global-scale digital infrastructure firm DigitalBridge Group is expected to start investing more than RM4 billion in Malaysia’s infrastructure sector by the end of 2023, said Prime Minister Datuk Seri Anwar Ibrahim.

He said DigitalBridge is a digital infrastructure company that invests in data centers, 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 Southeast Asia) with 113 megawatts of take-up just in 2022, or four times that of Thailand,” he shared in a Facebook post today.

Anwar said he recently received an honorable visit from a DigitalBridge delegation.

The Prime Minister also said that he would remain committed and stress the importance of ensuring a clean and conducive ecosystem to facilitate businesses and investments in the country. This is) part of our efforts to drive economic growth for the people’s well-being” he added. 

Previous articleOver 34,000 Eligible Application Received For FSA2 EPF Amounting To RM722 Million
Next articleBitcoin and Ether Rises Amidst Lower Inflation And Jobless Claims

LEAVE A REPLY

Please enter your comment!
Please enter your name here