Addressing an event to launch Data Centre Nexus 2025 on May 8, Liew said that data centres could become the largest off-takers to boost local technologies, helping the country achieve its industrial and energy transition aspirations by adopting a “whole-of-value-chain” investment approach.

There is an urgent need for ASEAN member states to work towards an agreement not to circumvent the global minimum tax (GMT) as countries begin to adopt the tax, according to Malaysian Deputy Investment, Trade and Industry Minister Liew Chin Tong.