Google to Invest $2 Billion in Malaysia for Data Center and Cloud Hub
Google plans to invest USD 2 billion in Malaysia, creating its first data center and a Google Cloud hub. This investment is expected to boost Malaysia's economy by USD 3.2 billion and create 26,500 jobs by 2030. The initiative follows Microsoft's recent investment in Malaysian AI and cloud infrastructure.
Google plans to invest USD 2 billion in Malaysia, developing its first data center and a Google Cloud hub in the latest big foray by a US tech giant in the Southeast Asian country.
The news follows Microsoft's recent announcement that it would put USD 2.2 billion over the next four years into building Malaysia's new cloud and artificial intelligence infrastructure.
Prime Minister Anwar Ibrahim hailed Google's investment as a sign of faith in Malaysia's governance and economy. Anwar said Thursday that the investment is expected to add USD 3.2 billion to the economy and create 26,500 jobs by 2030.
The investments are a coup for Anwar as he seeks to consolidate his strength against a strong Islamic opposition.
Google said in a statement that the new hubs will be developed at a business park in central Malaysia's Selangor state, to meet growing demand for cloud services and for artificial intelligence literacy programs for Malaysian students and educators.
Malaysia will be the 12th country to house a Google data center. The Malaysian Google Cloud hub — which will deliver services to large enterprises, startups and the public sector, will join 40 regions and 121 zones currently in operation around the world, it said.
"This investment builds on our partnership with the government of Malaysia to advance its Cloud First Policy,' including best-in-class cybersecurity standards," said Ruth Porat, Alphabet Inc's president and chief financial officer.
Anwar met with Porat and other business leaders during visits to the US last year.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Haryana Govt Pledges Residential Plots and Jobs to the Needy
India Set to Surpass Germany as Third-Largest Economy by 2027
A large economy like ours should develop substantial and contemporary manufacturing if it is to keep abreast of technology: Jaishankar.
AfDB Approves $22m to Boost Blue Economy, Fisheries and Food Security in São Tomé
Sanctions Repeal Signals New Era for Syria's Economy

