BUSINESS

Google says it would invest $2 billion in Malaysia and create over 26,000 jobs by 2030

May 30, Kuala Lumpur, Malaysia: In order to develop its first data center and “cloud region” in Malaysia, Google has stated that it would spend USD 2 billion in the nation, according to Al Jazeera. This project is estimated to generate 26,500 jobs by 2030. Google Malaysia’s country director, Farhan S. Qureshi, said that the investment would open up new opportunities in a number of fields.In a blog post on Thursday, Qureshi said, “This investment is not just about infrastructure; it’s about unlocking new possibilities for businesses, educators, and every Malaysian.”

According to Qureshi, the Google data center would facilitate the delivery of artificial intelligence (AI) to users and customers nationwide, enabling services like Google Maps and Search.According to him, the Google Cloud region would provide “enterprises, startups, and public sector organizations with high-performance, low-latency cloud services, alongside key controls that allow them to maintain the highest security and compliance standards, including specific data storage requirements.”

According to Al Jazeera, Malaysian Prime Minister Anwar Ibrahim said that the investment will boost the nation’s GDP by USD 3.2 billion and provide 26,500 new jobs by 2030. “The investment related to Google’s first data centre in Malaysia and the development of the Google Cloud region is proof that the government’s clear planning in addition to the country’s economic strength and resources are attractive to existing and new investors,” Anwar said in an article published on X.

“Undoubtedly, this places Malaysia as one of the leading countries in the use and support of digital technology-based services,” he said. Google’s statement follows Microsoft’s declaration, as reported by Al Jazeera, that it will spend USD 2.2 billion in cloud computing and artificial intelligence in Malaysia. Southeast Asia, which has one of the fastest-growing regional economies and a youthful, computer-literate population of 670 million, has seen an increase in investment from US IT firms.

According to estimates by international consulting company Kearney, artificial intelligence might boost Southeast Asia’s GDP by about USD 1 trillion by 2030. Furthermore, earlier this month, Al Jazeera claimed that Amazon had announced plans to spend USD 9 billion in Singapore to build cloud infrastructure, after previous announcements of multibillion-dollar investments in Malaysia and Thailand.

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