The Ministry of Investment, Trade and Industry (Miti) announced that Google will invest RM9.4 billion to establish its first data center in the Google Cloud region in Malaysia.
The ministry said the investment will support 26,500 jobs in various sectors including health, education and finance, with a total economic impact of RM15.04 billion. “The Cloud Region will join the 40 regions and 121 regions that are currently working around the world to meet the growing need for cloud services in the region and the world, as well as artificial intelligence (AI) integration programs for students and Malaysian teachers,” he said. statement.
The investment follows a discussion facilitated by Miti between Prime Minister Anwar Ibrahim and Alphabet Inc Chief Financial Officer Ruth Porat and a memorandum of understanding signed by the Malaysian Investment Development Authority on November 14. Last year. Tengku Zafrul Aziz, director of Miti, said the investment supports Malaysia’s digital growth under the New Industrial Development Plan 2030. “We also welcome Google’s initiative to help us develop a strong talent ecosystem by supporting the growth of digital talent, business, and human resources,” he said.
“We are confident that Google’s partnership and continued investment will accelerate our country’s digital transformation, contributing to Madani’s vision to make it a breakthrough in Malaysian technology.”
Meanwhile, Porat said that Google’s first data center in the Google Cloud region in Malaysia is the biggest investment mark in the country, as it has been around for 13 years. “This investment builds on our partnership with the Malaysian government to advance the Cloud First policy, including cybersecurity best practices,” he said.
“With today’s announcement, Malaysia and Google are working together to enhance our work together to create an environment for innovation and unlock the potential of digital transformation.”
The Google data center will be located at Sime Darby Property’s Elmina Business Park and will support various Google services. However, its timeline remains unclear.
Once operational, Malaysia will join the 11 countries where Google has built and currently operates data centers to serve users worldwide. The STORE Americans add more money to the southeast of Southeast Asia, pay billions of dollars in the area for growth.
In the last month, Microsoft corp CEO Sathya Nadella propose the amount of company 10.5 billion in cloud and Malaysia in the next four years.
