Malaysia has strengthened its position as a leading destination for digital investments in ASEAN, following the mission led by Gobind Singh Deo, Minister of Digital, to the Singapore International Cyber Week (SICW) 2025, held from Oct 21 to 23.
The high-impact mission had successfully secured MYR15 billion ($3.55 billion) in approved digital investments from Singapore-based technology companies. These investments are a direct outcome of the Malaysia Digital (MD) initiative, a national strategy to drive digital transformation, attract high-value investments, and enhance Malaysia’s global competitiveness within the tech ecosystem, according to a statement on Thursday.
Minister of Digital Gobind Singh Deo said that the mission aimed to strengthen Malaysia–Singapore collaboration by fostering strategic partnerships, driving cross-border innovation with key digital players and promoting Malaysia as the gateway to ASEAN for global and regional technology companies.
“We are proud to witness such strong confidence from Singapore-based investors. This will accelerate the development of Malaysia’s data infrastructure and firmly position the nation as the region’s leading hub for technology and innovation in ASEAN. We are excited to deepen this cross-border collaboration for mutual digital prosperity,” he added.
Meanwhile, Gopi Ganesalingam, Senior Vice President of Industry and Ecosystem at MDEC, reaffirmed Singapore’s pivotal role as a long-term partner in Malaysia’s digital transformation journey.
“Singapore remains one of our most important investment partners. The investments secured through this mission mark a significant milestone for the Malaysia Digital (MD) initiative and our efforts to position Malaysia as the Digital Heart of ASEAN,” said Gopi.
As part of the mission, several companies were officially awarded MD Status, committing to substantial digital investments and job creation targets that will directly support Malaysia’s digital transformation, AI development, and talent ecosystem.
• AOLANI Cloud – Committed MYR10.8 billion ($2.56 billion) to establish advanced data centers and cloud infrastructure in Malaysia to support high-performance computing and AI applications.
• MYS AssetCo (DDSP) – Announced an initial amount of MYR1.7 billion ($402.5 million) investment to develop hyperscale data centre and supporting energy infrastructure.
• Easybook – Invested MYR1.4 billion ($331.4 million) to expand its digital mobility services, establishing a regional R&D Centre and operations hub in Malaysia.
• Bitdeer Technologies Group – Committed MYR1.1 billion ($260.4 million) to set up blockchain digital infrastructure catering to global digital asset operations.
MDEC’s approved digital investments from Singapore in 2025 amounted to MYR25.18 billion ($5.96 billion), across key digital sectors including data centres, AI development, mobility solutions, and blockchain infrastructure. These milestones underscore Malaysia’s continued success in attracting quality and high-impact investments.
In conjunction with SICW 2025, the Malaysian delegation also attended the 10th ASEAN Ministerial Conference on Cybersecurity (AMCC), where discussions focused on strengthening regional cyber resilience, cross-border data governance, and multi-stakeholder collaboration to safeguard the region’s digital ecosystem.
The Singapore Mission reflects Malaysia’s unwavering commitment to advancing its digital leadership through innovation, sustainability, and trusted international partnerships. Guided by the Malaysia Digital (MD) initiative, MDEC and the Ministry of Digital continue to drive strategic collaborations that position Malaysia as the digital heart of ASEAN.
SCEKL 2025 concludes with strong outcomes for Asean’s digital future