Latest news with #RM9.4
New Straits Times
32 minutes ago
- Business
- New Straits Times
Google's RM9.4bil investment to create over 26,000 jobs, says Tengku Zafrul
KUALA LUMPUR: Google's landmark RM9.4 billion investment to establish its first data centre and Google Cloud Region in Malaysia is expected to create 26,500 jobs and generate RM15.04 billion in long-term economic impact. Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz described the move as a multi-faceted strategic boost. "We discussed how Google can continue to drive Malaysia's AI and cloud computing economy, strengthen cybersecurity, and invest in digital skills," he said in a Facebook post yesterday. Tengku Zafrul added that the government remained committed to providing full support and ensuring a conducive environment for high-quality investments. According to Bernama, Tengku Zafrul met with Google representatives to discuss how the company can continue to drive AI development in Malaysia, strengthen cybersecurity and invest in digital skills. He is currently on a working visit to Washington, United States. In May, Malaysia Digital Economy Corporation (MDEC) chief executive officer Anuar Fariz Fadzil said Malaysia is rapidly cementing its position as a leading destination for data centre investments in Southeast Asia. Anuar added that global technology giants are pointing to stable governance, clear digital strategies and strong institutional coordination as key enablers. Meanwhile, investor confidence is being driven by the country's coherent policy direction, effective public-private collaboration, reliable power infrastructure, low disaster risk and commitment to long-term sustainability.
The Sun
11 hours ago
- Business
- The Sun
Google's RM9.4 billion AI, cloud investment to boost Malaysia
KUALA LUMPUR: Tech giant Google's investment in Malaysia is expected to continue driving Malaysia's artificial intelligence (AI) and cloud computing economy. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, who is currently on a working visit to Washington, United States, met with Google representatives to discuss how the company can continue to drive AI development in Malaysia, strengthen cybersecurity and invest in digital skills. 'The government is committed to providing full support and ensuring a conducive investment climate for high-quality investments,' he said in a Facebook post. He added that Google's strategic investment of RM9.4 billion to set up its first data centre and Google Cloud region in Malaysia is expected to generate RM15.04 billion in long-term economic impact and create 26,500 jobs by 2030. 'Thank you, Google, for your continued confidence in Malaysia. Together, we are building a brighter digital future,' he said.
The Sun
11 hours ago
- Business
- The Sun
Google's investment to continue driving Malaysia's AI economy, strengthening cybersecurity
KUALA LUMPUR: Tech giant Google's investment in Malaysia is expected to continue driving Malaysia's artificial intelligence (AI) and cloud computing economy. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, who is currently on a working visit to Washington, United States, met with Google representatives to discuss how the company can continue to drive AI development in Malaysia, strengthen cybersecurity and invest in digital skills. 'The government is committed to providing full support and ensuring a conducive investment climate for high-quality investments,' he said in a Facebook post. He added that Google's strategic investment of RM9.4 billion to set up its first data centre and Google Cloud region in Malaysia is expected to generate RM15.04 billion in long-term economic impact and create 26,500 jobs by 2030. 'Thank you, Google, for your continued confidence in Malaysia. Together, we are building a brighter digital future,' he said.
