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DigitalBridge expected to invest more than RM4 bln in Malaysia — PM Anwar

15 Apr 2023, 8:49 AM
DigitalBridge expected to invest more than RM4 bln in Malaysia — PM Anwar

KUALA LUMPUR, April 15 — 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 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,” Anwar shared in a Facebook post today.

The Prime Minister said he recently received an honourable visit from a DigitalBridge delegation.

Anwar added that he remains committed, and stressed 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. #MalaysiaMADANI,” he said.

— Bernama

 

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