20240430-google-petronas

Agence France-Presse

<div><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/171705674344320240430-google-petronas.jpg" class="fr-fic fr-dib"/></div><p>KUALA LUMPUR - Google will invest $2 billion in Malaysia to house the firm&#x27;s first data center in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of growth opportunities.</p><p>The government said the cash would support 26,500 jobs across various sectors in Malaysia, including healthcare, education, and finance, and comes days after Prime Minister Anwar Ibrahim targeted at least $107 billion in investments for the semiconductor industry.</p><p>Anwar said in April that he planned to build Southeast Asia&#x27;s largest integrated circuit design park, while offering incentives including tax breaks and subsidies to attract global tech companies and investors.</p><p>Ruth Porat, president and chief investment officer of Google and its parent firm Alphabet, said: &quot;Google&#x27;s first data center 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.</p><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/TeUMSHW4UOo?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div><p>&quot;This investment builds on our partnership with the Malaysian government to advance its &#x27;Cloud First Policy&#x27;, including best-in-class cybersecurity standards.&quot;</p><p>Investment, Trade, and Industry Minister Tengku Zafrul Abdul Aziz said the cash &quot;will significantly advance&quot; Malaysia&#x27;s digital ambitions outlined in a 2030 master plan.</p><p>He added that the data center and cloud region &quot;will empower our manufacturing and service-based industries to leverage artificial intelligence (AI) and other advanced technologies to move up the global value chain&quot;.</p><p>Earlier this month Microsoft said it would spend $2.2 billion on AI and cloud computing in Malaysia, with boss Satya Nadella pledging to invest billions in Thailand and Indonesia during a tour of the region.</p><p>And Amazon said it would spend $9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.</p><p>The facility announced on Thursday will be located at a business park west of the capital Kuala Lumpur and will power Google&#x27;s popular digital services such as Search, Maps, and Workspace.</p><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/qZi1eqfMw-8?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div><p>&quot;When operational, Malaysia will join the 11 countries where Google has built and currently operates data centers to serve users around the world,&quot; the statement said.</p><p>The Google Cloud region &quot;will deliver high-performance and low-latency cloud infrastructure, analytics, and AI services to large enterprises, startups, and public sector organizations&quot;, it added.</p><p>A key player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch.</p><p>Research by global consulting firm Kearney showed AI was poised to contribute $1 trillion to Southeast Asia&#x27;s gross domestic product by 2030, with Malaysia predicted to see more than a tenth of that.</p><p>&quot;Now that many of these American tech giants are diversifying their investment risks away from China, Malaysia with its traditional involvement in high-tech industry is in a good position to welcome the relocation of their operations,&quot; said Oh Ei Sun, an analyst with the Pacific Research Center of Malaysia.</p>

<p>Google will invest $2 billion in Malaysia to house the firm's first data center in the country, the government said Thursday.</p>

Google will invest $2 billion in Malaysia to house the firm's first data center in the country, the government said Thursday.

Google to invest $2 billion in Malaysia: government

Google to invest $2 billion in Malaysia: government | ABS-CBN

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Google to invest $2 billion in Malaysia: government

Agence France-Presse

Published May 30, 2024 04:13 PM PHT

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Updated May 30, 2024 04:22 PM PHT

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Google

Malaysia

data center

cloud computing

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artificial intelligence

Anwar Ibrahim

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