Google announces USD 2 bn investment in Malaysia; to create over 26,000 jobs by 2030

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According to the media, TECH giant Google LLC today announced a US$2 billion (RM9.48 billion) investment in Malaysia which includes the development of the first Google data centre and Google Cloud region to meet the growing demand for cloud services locally and around the world. In an announcement today, Google also said it will hold artificial intelligence (AI) literacy programmes for Malaysian students and educators. The site of the Malaysia investments will be in Sime Darby Property Bhd’s Elmina Business Park, in Greater Kuala Lumpur (KL).

As per the media reports, “The Ministry of Investment, Trade & Industry has secured a commitment by Google to invest 9.4 billion ringgit to house its first Google data centre and Google Cloud region in Malaysia,” the ministry said in a statement. It said the cash would support 26,500 jobs across various sectors in Malaysia, including healthcare, education, and finance.

As per the information, “Google’s first data centre and Google Cloud region is our largest planned investment so far in Malaysia — a place Google has been proud to call home for 13 years,” said Ruth Porat, president and chief investment officer of Google and its parent firm Alphabet. “This investment builds on our partnership with the Malaysian government to advance its ‘Cloud First Policy’, including best-in-class cybersecurity standards.” Google’s investment follows a pledge by US tech giant Microsoft to invest $2.2 billion in artificial intelligence and cloud computing in Malaysia.

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