Google to invest USD 2 billion in Malaysia

Google will invest USD 2.0 billion in Malaysia to build the company's first data centre and "cloud region" in the country, the government said.

"The Ministry of Investment, Trade and Industry has secured a commitment from Google to invest 9.4 billion ringgit to deploy Google's first data centre and Google Cloud Region in Malaysia," the ministry said in a statement, AFP reported.

It said the money would support 26,500 jobs across various sectors in Malaysia, including healthcare, education and finance.

"Google's first data center and Google Cloud region is our largest planned investment to date 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 parent company Alphabet.

"This investment builds on our partnership with the Malaysian government to implement its Cloud First policy, including best-in-class cybersecurity standards."

Google's investment follows US tech giant Microsoft's pledge to invest USD 2.2 billion in artificial intelligence and cloud computing in Malaysia. / BGNES