MBits Digital Gets Two Chinese Partners To Develop Digital Hub

By Mokhtar Hussain BEIJING, May 15 (Bernama) -- Two Chinese companies are investing in MBits Digital Sdn Bhd for the development and deployment of Malaysia's digital infrastructure. MBits Digital Sunday signed a Memorandum of Understanding (MoU) with China's PowerChina Co. Ltd, and Longvision Media Co. Ltd as strategic partners with a total investment of US$1.6 billion. MBits Digital chairman Sara Nattaya said the investment was for the development of the Digital One Belt, One Road Project, a hybrid hub, providing Malaysia a digital route to globalisation. MBits "Eco-System" comprises an Application Entertainment & Broadcasting Platform, Design & Build Smart Infrastructure and Deployments, Mobile & Cloud services and Smart Township Developments, she said. The Digital One Belt One Road Project focuses on developing digital Infrastructure from fibre optics, smart developments, entertainment and mobile & cloud Services. Sara said MBits Digital was glad to have the support of Prime Minister Najib Razak at a brief meeting with officials of the two Chinese partners Sunday. Also present were Finas Chairman Khusairi Talib, ChinaPower Convice Chairman, Xu Hao and LongVision Media Chairman, Yan Ge. -- BERNAMA