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Malaysia’s stability, AI-driven policies draw global tech investments: Anwar | Scoop

DATUK SERI ANWAR IBRAHIM — Anwar Ibrahim during a special one-on-one exclusive dialogue with forum leadership entitled “A Conversation with Anwar Ibrahim” moderated by WEF founder and chairman of the board of trustees Prof Klaus Schwab. — Bernama pic, January 22, 2025

Malaysia’s stability, AI-driven policies draw global tech investments: Anwar

The prime minister highlights Malaysia’s success in attracting major AI and semiconductor investments, emphasising the urgency of robust AI legislation, a national AI office, and data protection measures

Updated 22 January, 2025

22 January, 2025

9:04 PM MYT

DAVOS — Malaysia’s political stability and the clear policy direction outlined in the Madani Economy framework have drawn significant interest from major players in the artificial intelligence (AI) industry, including semiconductor companies.

Prime Minister Datuk Seri Anwar Ibrahim said the government has introduced sufficient incentives to attract substantial investments from the United States, Europe, and China.

Addressing the progress in AI, he emphasised the need for a comprehensive national framework, underscoring the importance of robust AI legislation, a national AI office, and strong data protection measures.

“We must navigate (these challenges) through the establishment of the National AI Office, legislation, data protection, and other necessary initiatives to ensure we are fully equipped,” he said during an exclusive dialogue session titled “A Conversation with Anwar Ibrahim,” moderated by WEF founder and executive chairman Prof Klaus Schwab today.

“AI will transform education, health services, and blockchain technology. We’re pushing this agenda at a faster pace—partly because of my age. I don’t have the luxury of time,” added the 77-year-old leader. — January 22, 2025

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