Google invests US$9.4 billion to build the first data center and cloud region in Malaysia
Google (Google) today promised to invest 2 billion US dollars (approximately RM9.4 billion) in Malaysia, a move that marks a new milestone in helping Malaysia accelerate digital transformation.
This commitment includes building the first Google data center and Google Cloud region to meet the growing demand for cloud services locally and globally, and provide AI literacy courses for Malaysian students and educators.
The investment site in Malaysia will be located in $SIMEPROP(5288.MY$Elmina Business Park owned by Morinami Industries.
Alphabet and Google President, Chief Investment Officer and Finance Minister Ruth Borat said that Google's first data center and cloud region is the biggest investment in Malaysia so far, and it has been rooted here for 13 years. The investment is based on cooperation between Google and the Malaysian government to advance the “Cloud Priority Policy” to promote the best cybersecurity standards.
With today's announcement, Malaysia and Google will work together to create an ecosystem that supports innovation and fully develop the potential for digital transformation.
Source: Nanyang Siang Pao
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