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Home News Finance

Google promises $2 billion investment in Malaysia as Big Tech splurges on Southeast Asia spending

NEWSROOM by NEWSROOM
May 30, 2024
in Finance, South East Asia
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Big tech continues to spend big on Southeast Asia, with Malaysia landing a multi-billion dollar investment from Google just weeks after Microsoft pledged to spend $2.2 billion towards the country’s tech sector.

On Thursday, Google committed to investing $2 billion in Malaysia, including developing a data center and cloud facility. The investment, Google’s largest so far in Malaysia, is expected to support 26,500 jobs and add up to $3.2 billion to the economy, according to Bernama, the country’s state news agency.

Google’s investment follows a similar pledge from its competitor Microsoft made…



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