KUALA LUMPUR, 27 February 2025 – Malaysia is set to achieve a record-breaking RM163.6 billion in digital investments for 2024, a significant increase from RM46.8 billion in 2023. This remarkable growth is attributed to the country’s stable government, pro-business policies, and its growing reputation as a regional tech hub.
The combination of strong infrastructure and strategic public-private partnerships has bolstered investor confidence in Malaysia’s position as a leading digital destination. The country’s focus on artificial intelligence (AI) and quantum computing, coupled with a supportive regulatory framework, has further fueled growth, attracting high-value global investments, according to the Malaysia Digital Economy Corporation (MDEC).
These impressive figures come shortly after the Malaysian Investment Development Authority (MIDA) revealed that Malaysia secured RM378.5 billion in approved investments last year, marking a 14.9% year-on-year increase from the previous record of RM329.5 billion in 2023.
MDEC, in collaboration with MIDA, remains committed to driving Malaysia’s continued digital growth, with a 5% growth target set for 2025.
