2 years since this post. The $KLCI is up 12% from the time with most of the gains in this year alone, showcasing that Malaysia is slowly realising its potentials mentioned (data center boom due to strategic location & cheap assets / expenses, investments in semiconductor sector, etc).
With Trump back into office, China + 1 will be in focus again, and if the leaders of the country play their cards right - Malaysia can stand to gain greatly!