PM praise Google’s RM9.4 billion investment commitment

Prime Minister Datuk Seri Anwar Ibrahim warmly welcomed Google’s commitment to invest RM 9.4 billion (USD $2 billion) in establishing a data centre and cloud region in Malaysia.

“Today, Google, a leading global technology company, has confirmed a commitment of USD2 billion to support the government’s agenda in accelerating and smoothing the country’s digital transformation. 

“This investment is expected to have a multiplier effect on Malaysia’s economy of around RM15.04 billion (USD3.2 billion) and create approximately 26,500 jobs by 2030,” he said via a Facebook post.

He further said that the investment in Google’s first data centre in Malaysia and the development of the Google Cloud region is evidence of the government’s clear planning, as well as the country’s economic strength and resources, which attract both existing and new investors.

“This positions Malaysia as a key player in the adoption and support of digital technology-based services,” Anwar said. 

He also said that during a virtual meeting with Google’s senior management on May 6th, he emphasized the importance of strategic cooperation in areas such as education, healthcare, and agriculture, in addition to supporting the general use of artificial intelligence (AI). 

He further said that this is crucial to ensure Malaysia can leverage the latest technology-driven skills and approaches.

Google’s commitment is expected to create 26,500 jobs across multiple sectors in Malaysia, including healthcare, education, and finance, with an overall economic impact estimated at RM15.04 billion, reported NST.