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KUALA LUMPUR, Oct 2 — Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said today, the latest major investment by a global tech firm into the Southeast Asian country. The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the U.S. firm said in a statement.
The cloud region in Malaysia would be Oracle’s third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website. Chris Chelliah, Oracle’s senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia.