Amazon’s RM25.5b investment will further enhance ICT industry, help SMEs

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'The partnership between the government and AWS has all the makings of a very promising future supporting Malaysia’s economic development,' Tengku Zafrul said theSun theSundaily investment ICT SME economy technology digital Malaysia

: Amazon Web Services’ latest investment will further enhance Malaysia’s competitiveness in the information and communications technology industry while helping small and medium enterprises foster innovation, in line with the country’s digital aspirations.

“I have been informed that AWS will eventually have 80 per cent of its workforce made up of Malaysians. According to Tengku Zafrul, Malaysia is rapidly emerging as the digital hub of Asean thanks to a few factors, namely Malaysia’s highly developed ICT infrastructure, including high-speed internet connectivity and a well-developed telecommunications network, that provides a conducive environment for digital innovation and growth.

The minister added that Malaysia’s robust intellectual property protection framework and the rule of law also assure investors like AWS that their innovations and investments will be safeguarded and protected.

 

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