On 19 April, Microsoft Corporation had announced that they will invest US$1 billion (RM4 billion) in Malaysia for over 5 years and they will be setting up the first datacenter region in the country.
The initiative was named “Bersama Malaysia” (Together with Malaysia) and through this initiative, Microsoft aims to empower Malaysia’s inclusive digital economy and advance the nation’s digital transformation across the private and public sectors.
Microsoft will be establishing its first datacenter region in Greater Klang Valley to deliver trusted cloud services locally, with world-class data security, privacy, and the ability to store data in-country.
Besides that, Microsoft plans to skill an additional 1 million Malaysians by end of 2023 to help create economic opportunities for people and businesses in the digital era. Finally, Microsoft is also appointed as cloud service provider to the Malaysian government.
This represents a milestone in Microsoft’s 28-year history in the country.
According to the IDC’s research, Microsoft’s investment in Malaysia is expected to generate up to US$4.6 billion (RM18.4 billion) in new revenues for the country’s ecosystem of local partners and cloud-consuming customers over the next four years.
In addition to the revenue generated, the research estimates Microsoft, its partners, and cloud-using customers will together create more than 19,000 new direct and indirect jobs.
Prime Minister, Tan Sri Muhyiddin Yassin said, “As we cement the Microsoft partnership today, I hope this is just the first green shoots of a broader meadow of investments in Malaysia, for Microsoft and other data players.”
“This significant investment from Microsoft further fortifies Malaysia’s position as a potential regional data hub and we stand ever ready to welcome more such partners as we work with our stakeholders to continually improve Malaysia’s value proposition in this big data space.” he added.
Managing Director of Microsoft Malaysia, K Raman said that Microsoft is committed to support a digitally-enabled government, empower businesses to build resilience digitally, and bridge the digital opportunities for Malaysians.
Are you excited to hear the developments of Malaysia?