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Amazon's cloud unit to invest $8b in Malaysia by 2037

Amazon's cloud unit to invest $8b in Malaysia by 2037
The logo of Amazon is seen at the company logistics centre in Boves, France on Aug 8, 2018.
PHOTO: Reuters file
PUBLISHED ONMarch 02, 2023 7:07 AM

Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on Wednesday (March 1) it plans to invest US$6 billion (S$8 billion) in Malaysia over the next 14 years to strengthen its cloud services infrastructure in the country.

This marks the company's latest move in its plan to build AWS Infrastructure Regions across southeast Asia.

The infrastructure hub will enable customers in the region to store data securely, the subsidiary said in a statement.

AWS' cloud platform offers more than 200 services, including storage, robotics and artificial intelligence.

Last year, AWS had announced a US$5 billion investment in Thailand.

ALSO READ: Amazon CEO says layoffs will exceed 18,000 workers

Source: Reuters

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