Microsoft will invest $1 billion over the next five years in Malaysia as part of a partnership program with government agencies and local companies.
Malaysia in February gave conditional approvals for Microsoft, Google, Amazon and state telecoms firm Telekom Malaysia to build and manage hyper-scale data centres and provide cloud services.
Malaysia has said the investments from these cloud service providers will total between 12 billion ringgit and 15 billion ringgit ($2.91 billion-$3.64 billion) over the next five years, says Reuters report.
As part of the Bersama Malaysia initiative, Microsoft will establish its first “datacentre region”, which consists of multiple data centres, in Malaysia to manage data from various countries, Prime Minister Muhyiddin Yassin told an event marking the launch of the program.
