Amazon's AWS to double down on Singapore with additional $9 billion cloud investment

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This comes after AWS pumped over SG$11 billion through 2023 into Singapore's cloud infrastructure and ecosystem.

Amazon Web Services on Tuesday said it will pump another $9 billion into Singapore over the next five years to grow its cloud infrastructure and services in the country.

"Starting with our investment in Singapore in 2010, AWS has continued to strengthen their commitment to the ASEAN region, sharing the uplift digital skills across the nations, providing secure and resilient infrastructure consistently across the region," Chong said during a Tuesday summit. "Cloud service providers like AWS play an important role in improving the digital economy ecosystem. Besides being a foundational digital infrastructure for organizations, cloud service providers enable enterprises to easily access digital resources like compute and storage, as well as advanced capabilities like AI and generative AI," Tan Kiat How, senior minister of state at Singapore's Ministry of Communications and Information, said during the event.

 

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