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Amazon unit to invest RM25.5bil in Malaysia till 2037

Amazon.com Inc company Amazon Web Services (AWS) will invest RM25.5 billion in Malaysia by 2037, with plans to launch the first AWS region in the country. (AP Photo/Mark Lennihan, File)

PETALING JAYA (2 Mac 2023): Amazon.com Inc company Amazon Web Services (AWS) will invest RM25.5 billion in Malaysia by 2037, with plans to launch the first AWS region in the country.

This includes for cloud computing infrastructure with three availability zones to run applications and store data securely, with fast access to AWS services.

AWS' investment will be the country's biggest investment to date which will have spillover effects into local small and medium-scale enterprises and enhance Malaysia's competitiveness.

The company said the new AWS Region would give developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organisations, greater choice for running their applications and serving end users from data centers located in Malaysia.

The new AWS Region will enable customers with data residency preferences to store data securely in Malaysia, enable customers to achieve even lower latency, and serve demand for cloud services across Southeast Asia.

"We chose Malaysia because our customers are telling us that they need and want additional infrastructure to support their needs and we are determined this is the right time to invest in this infrastructure here," said AWS regional managing director for worldwide public sector in Asean Eric Conrad.

Source: NewStraitsTimes

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