UAE and Malaysia sign MoU for digital infrastructure investment cooperation.

The United Arab Emirates (UAE) and Malaysia have signed a Memorandum of Understanding (MoU) to establish a framework for investment cooperation in the digital infrastructure sector, with a focus on data centers in Malaysia. This partnership aims to enhance Malaysia's position as a preferred data center hub and support the region's digital economy, which is expected to reach USD 1 trillion by 2030. The MoU proposes developing bilateral relationships between public and private organizations, introducing incentives, and facilitating knowledge exchange.

January 25, 2024
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