19 Apr 2021 - 16:55
A Microsoft logo is seen a day after Microsoft Corp s $26.2 billion purchase of LinkedIn Corp, in Los Angeles, California, U.S. June 14, 2016. REUTERS/Lucy Nicholson/File Photo
Reuters
KUALA LUMPUR: Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Southeast Asian nation s prime minister said on Monday.
The announcement on what would be the U.S. tech giant s biggest investment in Malaysia comes after the country 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.
Microsoft s data centers in Malaysia will offer regional cloud computing services US software giant Microsoft will invest $1 billion over the next five years in Malaysia in a data center network in partnership with government agencies and local companies, the country’s Prime Minister Muhyiddin Yassin said on April 19. It would be Microsoft’s biggest investment in Malaysia so far and is part of the government’s Bersama Malaysia initiative which grants four companies, namely Microsoft, Google, Amazon and Telekom Malaysia the rights to build and manage large data centers and provide cloud services in the country. The government hopes that the.
Microsoft Corporation (MSFT.O) will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Southeast Asian nation's prime minister said on Monday.
Microsoft to invest $1 billion in Malaysia to set up data centres - Malaysian PM
KUALA LUMPUR (Reuters) - Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Southeast Asian nation s prime minister said on Monday.
The announcement on what would be the U.S. tech giant s biggest investment in Malaysia comes after the country 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.
It also comes after the country saw foreign direct investments (FDI) plunge by 68% last year, the biggest decline in Southeast Asia.
By Syndicated Content
Apr 19, 2021 2:41 AM
KUALA LUMPUR (Reuters) - Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Southeast Asian nation s prime minister said on Monday.
The announcement on what would be the U.S. tech giant s biggest investment in Malaysia comes after the country 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.
It also comes after the country saw foreign direct investments (FDI) plunge by 68% last year, the biggest decline in Southeast Asia.