The progress of Google’s US$2 billion (RM9.4 billion when announced in 2024) investment in Malaysia is advancing strongly and exceeding initial expectations, Prime Minister Anwar Ibrahim said.
Anwar said this in a Facebook post after holding a video conference this morning with Alphabet and Google president and chief investment officer Ruth Porat and her team.
“I assured them that the government remains consistent in facilitating and supporting announced investments by the multinational technology corporation,” he said.
Anwar added that the discussion focused on the progress of Google’s US$2 billion investment in Malaysia, announced in May 2024.
He said the investment reflects continued confidence in Malaysia’s digital economy ecosystem and aligns with the aspiration to position the country as a regional hub for secure data flows, cloud computing, and artificial intelligence innovation.
“This investment covers the development and operation of Google’s first data centre and cloud services infrastructure in Malaysia.
“Once operational, it is expected to generate an economic impact of US$3.2 billion (RM12.4 billion) and create 26,500 jobs by 2030,” he said.
In 2024, Google announced its investment commitment, which includes the development of its first data centre and a Google Cloud region to meet growing demand for cloud services locally and globally, as well as an AI literacy programme for students and educators in the country.
- Bernama
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