Malaysia's AI Plan May Boost Infrastructure, Utilities Sectors -- Market Talk
Dow Jones2026/07/30 08:200820 GMT - The Malaysian government's five-year plan for AI adoption creates growth opportunities in construction, utilities, renewable energy and property sectors, says MBSB Research. The government aims to rank within the top 10 market of the Global AI Index by 2030 as part of the plan, as well as adding 1.2 percentage points in GDP growth and 300,000 AI-related jobs. Analyst Royce Tan Seng Hooi thinks the plan will bridge the gap between Malaysia's existing infrastructure-related strengths and the AI value chain. MBSB has buy calls on Tenaga Nasional, YTL Power International and Gamuda. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
July 30, 2026 04:20 ET (08:20 GMT)
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