PENANG, 29 April 2025 – Malaysia’s digital economy continues to gain momentum, solidifying its role as a key driver of national growth. With RM16.2 billion in approved digital investments from January to April 2025 under the Malaysia Digital (MD) initiative, the country is seeing a surge in job creation, innovation, and economic opportunity. This strong investment trend, announced by Minister of Digital Gobind Singh Deo at the launch of the Ministry of Digital’s Northern Regional Office, is projected to generate 6,480 high-value jobs, reinforcing Malaysia’s position as a digital leader in the ASEAN region.
The investments reflect growing international confidence in Malaysia’s digital ecosystem. Of the 148 companies awarded MD status during this period, 27% are in the Artificial Intelligence (AI) sector, followed by Data Centres & Cloud (23%) and Global Business Services (11.5%). These figures highlight the country’s increasing focus on innovation-led sectors. Malaysia Digital Economy Corporation (MDEC) CEO Anuar Fariz Fadzil emphasized that these results demonstrate global trust in Malaysia’s infrastructure, talent pool, and pro-business policies. He noted that Malaysia is not only building capabilities but also fostering a culture of innovation to support long-term national growth.
| Photo | Caption |
 Photo 1 | Chairman of Malaysia Digital Economy Corporation (MDEC), YB Tuan Syed Ibrahim Syed Noh, delivering his welcoming speech at the MD Open Day 2025. |
 Photo 2 | Minister of Digital, YB Tuan Gobind Singh Deo, delivering his keynote speech at the MD Open Day 2025. |
 Photo 3 | Minister of Digital, YB Tuan Gobind Singh Deo, and Penang Deputy Chief Minister II, YB Tuan Jagdeep Singh Deo officiated the launch of the Ministry of Digital’s Northern Regional Office. |
 Photo 4 | From left: CEO of Digital Penang, Ts. Ng Kwang Ming, Chairman of MDEC, YB Tuan Syed Ibrahim Syed Noh, Ministry of Digital, YB Tuan Gobind Singh Deo, Penang Deputy Chief Minister II, YB Tuan Jagdeep Singh Deo, EXCO for Infrastructure, Transport, and Digital of Penang, YB Tuan Zairil Khir Johari and CEO of MDEC, Anuar Fariz Fadzil. |
 Photo 5 | Attendees present at the MD Open Day 2025 in Georgetown, Penang. |
 Photo 6 | The Minister of Digital, YB Gobind Singh Deo, together with the CEO of MDEC, Anuar Fariz Fadzil, and the Chairman of MDEC, YB Tuan Syed Ibrahim Syed Noh, during the press conference at MD Open Day 2025. |
Coinciding with the office launch, MDEC hosted the MD Open Day to spotlight key digital initiatives and promote collaboration between the public and private sectors. The event served as a platform for dialogue on talent development, innovation, and digital adoption while reinforcing the government’s commitment to regional digital empowerment. A highlight of the day was the signing of a Memorandum of Understanding (MoU) between MDEC and Digital Penang. This partnership aims to accelerate digital adoption in key areas such as Big Data, AI, Web3, cybersecurity, and blockchain, while also supporting talent development, mentorship, funding, and international market access for startups and SMEs in the northern region.
The event was attended by several dignitaries, including Penang’s Deputy Chief Minister II YB Jagdeep Singh Deo, Infrastructure and Digital EXCO YB Tuan Zairil Khir Johari, and MDEC Chairman YB Tuan Syed Ibrahim Syed Noh, along with key industry stakeholders. The initiatives presented reaffirm Malaysia’s commitment to inclusive and comprehensive digital transformation, ensuring no region or community is left behind.
For more details on MDEC’s digital initiatives and investment support, visit https://mdec.my/malaysiadigital.
Rafael Adam