KUALA LUMPUR, July 22 (Reuters) - Malaysia will
establish a data centre framework in October to streamline
policies and development in the sector, the trade and digital
ministries said on Tuesday.
The Malaysian Investment Development Authority will be the
main agency to approve all new data centre projects and
investments, as well as the expansion of existing projects, the
ministries said in a joint statement.
Malaysia has recently seen a boom in data centres, driven by
growing demand for artificial intelligence, with technology
giants like Microsoft ( MSFT ), Nvidia ( NVDA ), Alphabet's
Google and ByteDance announcing billions of dollars of
investments in the country since the beginning of last year.
Data centre facilities in the Southeast Asian country are
projected to quadruple in the next decade from the current
18. The government's framework will ensure that policies are
aligned with data centre planning in a way that will drive the
growth of Malaysia's digital economy, the ministries said.
"Transparent and thorough policies are important to continue
reassuring investors about the goals of sustainable growth in
the country's digital economy for the benefit of the Malaysian
people and business sectors," Digital Minister Gobind Singh Deo
said in the statement.