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

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

Topics

 

Popular

Sarjit admits tough Australia tour key to Speedy Tigers’ growth

National coach prioritises player development over results in challenging six-match series

Leaked gas vapours easily ignited, leading to massive explosion in Putra Heights: fire expert

KUALA LUMPUR – The gas pipeline fire in Putra Heights, Subang Jaya, today is believed to have been caused by a “boiling liquid expanding vapour explosion” (BLEVE), according to a retired senior...

Budget 2025: KBS urged to collaborate with KPKT for grassroots talent development

National junior hockey coach calls for increased funding and joint efforts between Youth and Sports Ministry and Housing and Local Government Ministry to utilise underused facilities and nurture future athletes for the 2027 SEA Games

Related