Tengku Zafrul sees Google’s investment driving Malaysia’s AI economy

Tengku Zafrul sees Google’s investment driving Malaysia’s AI economy

The investment, trade and industry minister says the government is committed to providing full support and ensuring a conducive investment climate for high-quality investments.

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Tengku Zafrul Aziz, who is on a working visit to the US, says he met Google representatives in Washington.
PETALING JAYA:
Google’s investment in Malaysia is expected to continue driving the country’s artificial intelligence (AI) and cloud computing economy, according to investment, trade and industry minister Tengku Zafrul Aziz.

He said Google’s RM9.4 billion investment to set up its first data centre and Google Cloud region in Malaysia could generate up to RM15 billion in long-term economic impact and create 26,500 jobs by 2030.

Tengku Zafrul, who is on a working visit to the US, said he met Google representatives to discuss how the company can continue to drive AI development in Malaysia, strengthen cybersecurity and invest in digital skills.

“The government is committed to providing full support and ensuring a conducive investment climate for high-quality investments,” he said in a Facebook post.

Last week, Microsoft reaffirmed its commitment to a RM10.5 billion investment in cloud and AI infrastructure in Malaysia, including the development of hyperscale data centres in the Klang Valley. The announcement came in the wake of a 24% tariff on Malaysian goods announced by the US in April, before a 90-day pause was declared a week later.

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