Microsoft’s investment reflects confidence in Malaysia’s digital potential

KUALA LUMPUR, May 3 (Bernama) — Microsoft’s single largest investment of US$2.2 billion (US$1 = RM4.73) over the next four years reflects the company’s confidence in Malaysia’s digital potential. and marks a milestone in continued cooperation to drive Malaysia’s development. digital economy.

The Ministry of Digital and the Malaysia Digital Economy Corporation (MDEC) today said in a joint statement that as a long-standing MDEC partner since 1998, Microsoft plays a central role in a number of joint initiatives, including talent development, startup support, and digital adoption for MSMEs. He said that he is fulfilling his role.

“This investment reaffirms Microsoft’s commitment to Malaysia’s digital growth and demonstrates the strength of our partnership,” the statement said.

The report cited Microsoft’s investments in Malaysia facilitated by MDEC, including the establishment of global business services and data center development at strategic locations across the country.

Microsoft is also a key partner in public sector digitization plans and has signed a cloud framework agreement with the government in 2022, the statement said.

“The Department also recognizes Microsoft’s partnership with the government to establish a National AI Center of Excellence and strengthen the nation’s cybersecurity capabilities.

“With digital agencies such as MDEC and Cybersecurity Malaysia (CSM) under the ministry’s purview, this partnership is poised to drive further progress in these critical areas.”

Additionally, Microsoft’s support will support MDEC’s efforts to build a robust digital technology talent pipeline from schools to higher education and reskill and upskill existing workforces to meet evolving industry demands. He added that it is helpful.

This collaboration led to the creation of the Premier Digital Tech Institutions network, comprised of 42 technology-related departments across 24 higher education institutions across the country, and fostered a pool of AI-enabled local companies within the MDEC ecosystem.

“We look forward to continued collaboration with Microsoft and other industry leaders to drive innovation, foster the development of digital talent, and accelerate Malaysia’s journey towards becoming a global digital hub,” the ministry said. ” he said.

— Bernama

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