MyIX bemoans loss after tech giants skip Malaysia for major project

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The Malaysia Internet Exchange (MyIX) lamented a forthcoming submarine cable project in the Southeast Asia region as a lost investment opportunity for Malaysia.To this, its chairperson Chiew Kok Hin renewed its call for the government to reinstate the cabotage exemption for highly specialised ships that maintain such infrastructure.“It's a shame as Malaysia has strengths in Internet infrastructure due to our strategic geographical location, ease of access, English-speaking population and relatively lower cost of entry," Chiew said, according to Bernama yesterday.On Monday, it was reported that Facebook and Google are jointly planning new submarine cables that would connect Singapore and Indonesia to North America.According to Reuters, this is a follow-up to Facebook’s previous investments to boost connectivity in Indonesia, and the new investments would increase conne…