Kuala Lumpur: Malaysia's political stability and clear policy prescriptions in the MADANI Economy framework have encouraged big players in the artificial intelligence (AI) industry, including semiconductor companies, to invest in the country. Prime Minister Datuk Seri Anwar Ibrahim stated that the government has provided sufficient incentives to attract major investors from the United States, Europe, and China to make significant investments in Malaysia.

According to BERNAMA News Agency, alongside the development of AI, Prime Minister Anwar emphasized the need for a comprehensive approach to integrating AI into Malaysia's national framework. He highlighted the importance of establishing robust AI legislation, a national AI office, and data protection measures to ensure the country's preparedness.

During a special one-on-one exclusive dialogue entitled 'A Conversation with Anwar Ibrahim,' moderated by WEF founder and executive chairman of the board of trustees Prof Klaus Schwab, Anwar stated, "We have to navigate -- through the National AI Office, legislation, data protection, and whatever it takes to make sure that we are fully equipped." He stressed the transformative impact of AI on various sectors, including education, health services, and blockchain.

The 77-year-old leader expressed urgency in advancing AI initiatives, noting, "AI means changing the education system, health services, blockchain. It will have to come about, and we are pushing it at a faster pace, partly because of my age. I don't have time to wait."