Asean Business logo
SPONSORED BYUOB logo
SUBSCRIBERS

Amazon to invest US$6.2 billion in Malaysia through 2038

The company’s subsidiary Amazon Web Services said its new Asia-Pacific (Malaysia) Region will add US$12.1 billion to Malaysia’s GDP

 Tan Ai Leng
Published Thu, Aug 22, 2024 · 01:03 PM
    • The new infrastructure is expected to contribute about US$12.1 billion to Malaysia’s GDP and create more than 3,500 job annually.
    • The new infrastructure is expected to contribute about US$12.1 billion to Malaysia’s GDP and create more than 3,500 job annually. PHOTO: AWS

    [KUALA LUMPUR] Amazon Web Services (AWS), a subsidiary of Amazon.com, on Thursday (Aug 22) announced the launch of the AWS Asia-Pacific (Malaysia) Region with plans to invest about US$6.2 billion in Malaysia through 2038.

    In a statement on Thursday (Aug 22), AWS said this new region will provide developers, startups, entrepreneurs and enterprises, as well as government, education and non-profit organisations, with enhanced options for workloads and securely storing data in Malaysia.

    The announcement follows AWS’ commitment last year to invest about US$6 billion to establish an AWS Region in the country.

    Copyright SPH Media. All rights reserved.