KUALA LUMPUR, 5 AUGUST 2024: The Digital Ministry has revealed that Malaysia's digital investment has surged to RM66.22 billion in the first half of the year, up from RM46.2 billion last year.

Its minister Gobind Singh Deo said that this significant increase not only surpassed last year's record but also demonstrated the digital economy's resilience amid global uncertainties.

He said the rise in investment had resulted in the creation of 24,498 new jobs, exceeding the 22,258 jobs recorded in the previous year.

"The digital sector continues to be a powerhouse for high-skilled, high-income employment," he added.

He said data centres and cloud companies had been major contributors to the digital investment value, with Information Technology (Infotech) and Global Business Services (BGS) leading in digital job creation.

"In the first half of this year, 451 tech companies have been awarded Malaysia Digital initiative status, significantly surpassing the 256 companies last year. Of these, 39 per cent are foreign companies contributing to Foreign Direct Investment (FDI), while 61 per cent are local," he added.