Mohamed Hassan Alsuwaidi
Malaysia and the United Arab Emirates (UAE) have signed a Memorandum of Understanding (MoU) to strengthen investment cooperation in the digital infrastructure sector.
The agreement focuses on developing data centres in Malaysia with a capacity of 500 megawatts. This collaboration aims to enhance bilateral economic ties and exchange knowledge between both countries.
Malaysia’s robust digital infrastructure and supportive government measures make it an attractive destination for data centre investments.
Additionally, the MoU reflects Malaysia’s commitment to advancing artificial intelligence (AI) in line with its New Industrial Master Plan (NIMP) 2030. The partnership underscores the growing trade relations between Malaysia and the UAE.
His Excellency Mohamed Hassan Alsuwaidi, Minister of Investment, the UAE, commented, “This collaboration not only enhances the existing bilateral ties between our nations but also seeks to harness Malaysia’s extensive potential as a top choice for data centre locations in the Asia-Pacific region.
“Being an emerging data hub in Southeast Asia, the arrangement aims to reinforce the nation’s digital infrastructure and accelerate the expansion of its internet economy, aligning with shared priorities and interests.”
Bursa Malaysia appoints CFO Azizan Abdul Aziz as Islamic capital market director, reinforcing focus on…
Huawei unveils FusionSolar9.0 in Malaysia, introducing AI‑powered, grid‑stabilising solar technology to boost clean energy transition…
Private markets remain resilient but face mounting pressure from higher rates, weak exits, concentrated AI…
Fomca urges government transparency on Budget 2026 cuts, warning healthcare reductions could harm patients, staff,…
PETRONAS and ENEOS renew LNG partnership, securing 10% stake in MLNG Tiga to strengthen energy…
UAE exits OPEC+, weakening spare capacity control and signaling shift toward capacity-driven competition, raising volatility…
This website uses cookies.
