Suara Malaysia
ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
Tuesday, November 5, 2024
More
    ADVERTISEMENTFly London from Kuala LumpurFly London from Kuala Lumpur
    HomeNewsHeadlinesMsia more selective in choosing foreign investment, says Anwar

    Msia more selective in choosing foreign investment, says Anwar

    -

    Fly AirAsia from Kuala Lumpur

    KUALA LUMPUR: Malaysia is now more selective in choosing foreign direct investments, with a focus on projects that would greatly benefit the country, especially in the field of artificial intelligence (AI) and data technology, says Prime Minister Datuk Seri Anwar Ibrahim.

    He said the opening of a data centre that depends on cheap energy and water to move and cool the operating systems is now no longer sufficient.

    “Now, if you want to (establish) a data centre, you must have AI,” he said, referring to projects like Nvidia in Johor, “which is an example of how technology needs to be improved to remain relevant,” he said at the Ilmuan Malaysia Madani Forum here on Wednesday organised by Tenaga Nasional Bhd.

    Anwar said universities in this country should also be empowered to produce skilled workforce in the field of AI and engineering in order to meet the needs of high-tech investors.

    “So, if the investment is big, we are now more selective in choosing investments that can benefit the country more,” he explained.

    Meanwhile, touching on the national budget, he outlined education and health as the main priorities, with the highest allocation given to the education sector, followed by health. – Bernama

    Wan
    Wan
    Dedicated wordsmith and passionate storyteller, on a mission to captivate minds and ignite imaginations.

    Related articles

    ADVERTISEMENTFly London from Kuala Lumpur

    Subscribe to Newsletter

    To be updated with all the latest news, offers and special announcements.

    Latest posts