Google’s RM9.4 bln investment to advance digital ambitions outlined in NIMP 2030

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KUALA LUMPUR: Google’s latest investment of RM9.4 billion for its first data centre and cloud region will significantly advance the digital ambitions ...

Google’s latest investment of RM9.4 billion for its first data centre and cloud region will significantly advance the digital ambitions outlined in the country’s New Industrial Master Plan 2030 .

“We are confident that Google’s partnership and continued investment will accelerate our nation’s digital transformation, contributing to the MADANI vision towards a more prosperous, technologically advanced Malaysia,” he said in a statement issued by the Ministry of Investment, Trade and Industry here today.

Google’s new commitment is expected to support 26,500 jobs across various sectors in Malaysia, resulting in a huge total economic impact estimated at RM15.04 billion. It added that the increased capacity of, and reliability on, cloud services will support various sectors, including healthcare, education, and finance, to foster a more connected and resilient world.

Porat, meanwhile, said this investment was built on its partnership with the Malaysian government to advance its ‘Cloud First Policy,’ which includes best-in-class cybersecurity standards. This includes start-ups and micro, small and medium enterprises , whose potential could be unlocked by technology to drive differentiation and market competitiveness, Porat added.

 

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