GREATER KUALA LUMPUR, THE HEART OF A REGIONAL HUB
KUALA LUMPUR, 30 MAY 2024: Google will invest RM9.4bil (US$2bil) to house its first Google data centre and Google Cloud region in Malaysia, which is expected to support 26,500 jobs across various sectors and have an economic impact of about RM15.04bil, said the Ministry of Investment, Trade and Industry (MITI).
He added that the plan to develop a robust talent ecosystem will facilitate the growth of the digital skills, businesses and careers of Malaysians.
By attracting further investments, it will also spur innovation and drive growth for organisations of all sizes, he said.
According to Miti, Google's commitment represents a key milestone in the Madani government's vision to attract more digital investors to the country to help build a strong and safe digitally enabled economy.
"The increased capacity of and reliability on cloud services will support various sectors – including healthcare, education, and finance – to foster a more connected and resilient world," it said.
The announcement comes after a series of Miti-facilitated engagements involving Prime Minister Datuk Seri Anwar Ibrahim and Ruth Porat, the president and chief investment officer and chief financial officer of Alphabet and Google.
Said Porat: "With today's announcement, Malaysia and Google are partnering to advance our shared work to create a supportive ecosystem for innovation and unlock the potential of digital transformation.”
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