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
[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.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
