CONNECT WITH US
Fintech

Fintech

Google to Invest US$15 Billion in Malaysia for Data Centre Expansion

Fintech News Malaysia logo

Published on

Add as a preferred source on Google
Google to Invest US$15 Billion in Malaysia for Data Centre Expansion

Google plans to invest US$15 billion in Malaysia between 2027 and 2028 to expand its data centre infrastructure.

Its computing capacity in Selangor will also support the company’s upcoming Malaysian cloud region for enterprise customers.

The investment builds on Google’s US$2 billion commitment in 2024 for its first Malaysian data centre and cloud region.

Google’s first data centre campus at Elmina Business Park in Selangor is now operational, with additional campuses planned in Selangor and Negeri Sembilan.

Google said its cloud capabilities help organisations deliver secure, high-performance, low-latency services and develop custom AI solutions.

The company named Hong Leong Bank, Bank Muamalat Malaysia Berhad, AirAsia, Maxis, Gamuda, AEON360 and two Malaysian ministries among organisations using its cloud capabilities.

“Google is committed to growing our presence responsibly, delivering lasting value for Malaysia’s economy and people,”

“Google’s comprehensive blueprint sets a high standard for sustainable, high-impact digital infrastructure development in Malaysia,”

Google estimates that construction of its new campuses between 2027 and 2028 will contribute an annual average of US$1.1 billion to Malaysia’s GDP.

The projects are expected to support more than 37,000 local jobs annually, including approximately 6,000 in construction, and generate US$378 million in average annual labour income.

Once operational, the facilities are projected to sustain more than 9,000 local jobs annually, with average wages 45% above the national median.

Google is also working with more than 80 Malaysian suppliers across construction, network infrastructure, power and cooling systems, and other services.

Google plans to add more than 1 gigawatt of clean energy capacity to Malaysia’s National Grid and strengthen local water security as its operations expand.


Source link
Related Topics:Fintech

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.