<p>KUALA LUMPUR: Foreign direct investment (FDI) is crucial to Malaysia's economic growth, helping expand the economy, develop modern infrastructure and strengthen the country's position in the global artificial intelligence (AI) landscape.
Key takeaways
Prime Minister Anwar Ibrahim said foreign direct investment is essential for Malaysia's growth, praising Google's US$15 billion commitment to digital infrastructure, clean energy and water projects.
- Google plans to invest US$15 billion in Malaysia between 2027 and 2028 for data centres and clean energy
- The investment aims to create jobs, boost GDP and provide high‑value wages above the national median
- Google will upskill 800,000 Malaysians and build water facilities supplying 65 million litres daily
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KUALA LUMPUR: Foreign direct investment (FDI) is crucial to Malaysia's economic growth, helping expand the economy, develop modern infrastructure and strengthen the country's position in the global artificial intelligence (AI) landscape.
Prime Minister Datuk Seri Anwar Ibrahim said this while commending Google for its US$15 billion investment commitment in Malaysia.
He said foreign investments must align with the Ekonomi Madani framework.
"FDI is vital, and its full power is realised when it elevates our fundamental pillars: building a globally competitive economy, developing our people, and ethically managing our natural resources," he said at the Mantap Malaysia Bersama AI event at Universiti Malaya's Chancellery building.
