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Google says Malaysia investments to add $3 billion to its GDP by 2030, create 26,500 jobs

Economic Times · 1m

1. Google's investments in Malaysia are expected to create 26,500 jobs and contribute over $3 billion to the economy by 2030. 2. Construction of a new $2 billion data center in Malaysia has begun, following Google's partnership with Dagang NeXchange Berhad to provide sovereign cloud services. 3. Google also recently announced a $1 billion investment in Thailand for a data center and cloud region to meet growing cloud demand and support AI adoption in Southeast Asia. 4. These investments aim to provide high-performance and reliable cloud and AI services in Malaysia, supporting the country's digital transformation. 5. The expansion of global tech companies like Google, Microsoft, and Amazon into Southeast Asia reflects the region's significant potential with its young and tech-savvy population. 6. Malaysia's investment in data centers aligns with its ambitions to become a regional leader in the tech sector, particularly in the field of AI.