Microsoft Investing $1 Billion to Build Data Centers in Malaysia
By Chester Tay
KUALA LUMPUR--Microsoft Corp. will invest at least $1 billion in
Malaysia to build data centers to deliver cloud services locally, a
move that comes as the Southeast Asian nation works to stem an
outflow of foreign investment.
The U.S. tech giant said Monday it will partner with local
entities to establish its first data-center region in the country
to deliver access to its suite of cloud services.
Microsoft, together with local partner Enfrasys Solutions Sdn.,
has also been appointed by the Malaysian government to provide
cloud services to the country's public-sector agencies through
The data-center region "will be a game-changer for Malaysia,
enabling the government and businesses to reimagine and transform
their operations, to the benefit of all citizens," Jean-Philippe
Courtois, Microsoft's president of global sales, marketing and
operations said in a statement.
Malaysian Prime Minister Muhyiddin Yassin said the investment
would reach at least $1 billion over five years.
Microsoft will partner with companies including state-owned oil
firm Petroliam Nasional Bhd., Celcom Axiata Bhd. and Grab Holdings
The announcement comes as the Southeast Asian nation is battling
an outflow of foreign direct investment. Earlier this year
International Business Machines Corp. said it will shut down a
satellite office in Malaysia's Selangor state and keep only one
head office, while German IT company T-Systems International GmbH
exited the country last November.
Write to Chester Tay at email@example.com
(END) Dow Jones Newswires
April 19, 2021 06:20 ET (10:20 GMT)
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