DigitalBridge slated to invest over RM4 bil in M’sia: PM

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KUALA LUMPUR – Global-scale digital infrastructure firm DigitalBridge Group is expected to start investing more than RM4 billion in

Malaysia’s infrastructure sector by year-end, said Prime Minister Datuk Seri Anwar Ibrahim.

He said DigitalBridge is a digital infrastructure company that invests in data centres, 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 honourable 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 into the country.

“(This is) part of our efforts to drive economic growth for the people’s well-being. #MalaysiaMadani,” he added. – Bernama, April 15, 2023