(Bloomberg) — Malaysia is in discussions with potential Chinese language traders to construct information facilities within the Southeast Asian nation because it seeks to draw extra “high-quality” investments, in keeping with Economic system Minister Rafizi Ramli.

The federal government will strengthen its infrastructure providing to reap the benefits of the synthetic intelligence growth, Rafizi mentioned in an interview with Bloomberg Tv’s Stephen Engle. 

US tech giants Microsoft Company, Google, and Nvidia Company had already introduced plans to construct information facilities in Malaysia up to now yr, and Chinese language corporations are interested by creating extra to serve the nation’s tech corporations that wish to enter the Southeast Asian market, he mentioned. 

“We wish to expedite Malaysia’s transition from the back-end a part of the semiconductor trade to the front-end,” with integrated-circuit design and information facilities, Rafizi mentioned. 

The minister mentioned he had not held discussions with Chinese language corporations on utilizing their Malaysian operations as a base to bypass US tariffs.