Fahmi: Google's RM9.4b investment reflects investors' confidence in Madani government

  • 📰 malaymail
  • ⏱ Reading Time:
  • 52 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 86%

Google Investment News

Google,Fahmi Fadzil

PUTRAJAYA, May 30 ― Google's investment of US$2 billion (RM9.4 billion) in Malaysia is a positive indicator that investors have strong confidence in the administration of...

Najib told MACC of millions of ringgit kept as contingency after GE13 to prevent Sept 2008 Pakatan Rakyat takeover, witness says in 1MDB trialPUTRAJAYA, May 30 ― Google's investment of US$2 billion in Malaysia is a positive indicator that investors have strong confidence in the administration of the Madani government, said Communications Minister Fahmi Fadzil.

Hence, he said this should also serve as a motivation for Malaysia to increase work productivity while also moving smarter to lure more investments into the country.“I believe that after several meetings , including with me, what we conveyed and our performance were evaluated positively, leading to the announcement of this investment from Google,” he told reporters after attending the Ministry of Communications' monthly assembly here today.

Fahmi, who is also the unity government spokesman, said the rapid realisation of this investment also demonstrates the Madani government's commitment to having a clear direction as desired by investors. Google announced today an investment commitment of RM9.4 billion in Malaysia, including the development of Google's first data centre in Malaysia and the Google Cloud Region to meet the growing demand for cloud services, both locally and globally, as well as an artificial intelligence literacy programme for students and educators in this country. ― Bernama

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google’s RM9.4 bln investment to advance digital ambitions outlined in NIMP 2030KUALA LUMPUR: Google’s latest investment of RM9.4 billion for its first data centre and cloud region will significantly advance the digital ambitions ...
Source: theSundaily - 🏆 25. / 51 Read more »

PM Anwar: Google's RM9.4b investment shows clear govt planning attracts investorsKUALA LUMPUR, May 30 ― Google's US$2 billion investment (RM9.4 billion) is proof that the government's clear planning, in addition to Malaysia’s economic strength...
Source: malaymail - 🏆 1. / 86 Read more »