Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc, said on Wednesday it plans to invest $6 billion in Malaysia over the next 14 years to strengthen its cloud services infrastructure in the country.
This is the latest step in the company's plan to establish AWS Infrastructure Regions throughout Southeast Asia.
According to the subsidiary, the infrastructure hub will allow customers in the region to securely store data.
AWS' cloud platform includes over 200 services such as storage, robotics, and artificial intelligence.
Last year, AWS had announced a $5 billion investment in Thailand.
Amazon.com, Inc. is a multinational technology company based in the United States that specialises in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It has been described as "one of the world's most influential economic and cultural forces," and it is one of the world's most valuable brands. Along with Alphabet (Google), Apple, Meta (Facebook), and Microsoft, it is one of the Big Five American information technology corporations.
Through technological innovation and "aggressive" reinvestment of profits in capital expenditures, Amazon has earned a reputation as a disruptor of well-established industries. In terms of revenue and market share, it is the world's largest online retailer and marketplace, smart speaker provider, cloud computing service through AWS, live-streaming service through Twitch, and Internet company as of 2023.