Google's investment testimony to govt's good governance, integrity

The Unity Government has proven its mettle, said Wanita Keadilan vice woman chief Sangetha Jayakumar.

She was referring to earlier reports stating that Google has committed to investing RM 9.4 billion (USD $2 billion) in establishing a data centre and cloud region in Malaysia.

“… the Unity Government has proven its mettle, especially amid global uncertainties, by fostering a climate of trust and reliability that reassures and attracts investors like Google,” she said.

She said Wanita Keadilan firmly believes that this investment will drive economic growth and create numerous job opportunities, enhance our technological ecosystem, and propel Malaysia to the forefront of the digital economy.

“We are confident that under the steadfast leadership of Prime Minister and the Unity Government, Malaysia will continue to thrive and achieve greater heights,” she added.

She also said that foreign investor confidence is not built overnight.

“It is the result of consistent, dedicated efforts to create a stable and conducive business environment. Investors meticulously assess national governance and economic policies before committing their resources,” she added.

“Google’s strategic decision to invest in Malaysia underscores the effectiveness of our nation’s policies and the strategic vision of our leaders,” she said.

She said it highlights Malaysia’s growing importance as a regional hub for technology and innovation, paving the way for further advancements in our digital infrastructure and capabilities.

Recently, the Ministry of Investment, Trade & Industry (Miti) has achieved a significant milestone by securing Google’s agreement to invest RM9.4 billion in setting up its first data centre and Cloud region in Malaysia, reported NST.

The commitment is expected to generate 26,500 jobs spanning various sectors in Malaysia, such as healthcare, education, and finance, with an estimated overall economic impact of RM15.04 billion.