Qualtrics Hero Banner 2024
Amazon Web Services plans RM 25.5bn investment into MY by 2037

Amazon Web Services plans RM 25.5bn investment into MY by 2037

share on

Amazon Web Services (AWS), subsidiary of Amazon.com that provides on-demand cloud computing platforms, has plans to launch an AWS infrastructure region in Malaysia.

The launch aims to give developers, start-ups, entrepreneurs, and enterprises, as well as government, education, and non-profit organisations a greater choice for running their applications and serving end users from data centres located in Malaysia. In a statement to the press, AWS’ commitment includes a plan to invest approximately RM 25.5 billion in Malaysia by 2037.

Don't miss: Amazon workers plan protests globally in conjunction with Black Friday

Malaysian PM Anwar Ibrahim said: "AWS has committed to the largest international technology investment to date in Malaysia, which will advance our Malaysia Madani vision of a highly skilled, innovative, prosperous, and sustainable economy,” he said. Additionally he said that launching AWS in Malaysia is a vote of support for Malaysia's leadership in the global digital economy.

Trusted signature Malaysian brands such as PayNet, PETRONAS, CelcomDigi, Pos Malaysia and TNB are working with AWS. The new AWS Region will provide customers with data residency preferences to help store data securely in Malaysia.

“The new AWS Region reflects our deep and long-term commitment to customers and organisations in Malaysia, as well as our commitment to serving sizeable and fast-growing demand for cloud services across Southeast Asia. We are proud to support Malaysia’s digital transformation with the highest levels of security and reliability available on AWS cloud infrastructure,” said Prasad Kalyanaraman, vice president of infrastructure services at AWS.

“We look forward to helping Malaysian institutions, start-ups, and companies deliver cloud-powered applications to fuel economic development across the country and to spur job creation, skills training, and educational opportunities in the communities surrounding our data centres.”

Related articles:
Amazon to cut 18,000 jobs amidst tech layoffs, eCommerce teams impacted
Disney Advertising and Amazon Web Services work with The Trade Desk for cookieless tech
Amazon's Prime Video is making its presence known in SEA with original content and massive campaigns

share on

Follow us on our Telegram channel for the latest updates in the marketing and advertising scene.
Follow

Free newsletter

Get the daily lowdown on Asia's top marketing stories.

We break down the big and messy topics of the day so you're updated on the most important developments in Asia's marketing development – for free.

subscribe now open in new window