Oracle to allocate $6.5 billion for Cloud Facilities in Malaysia – U.S. News & World Report

Oracle Announces $6.5 Billion Investment in Cloud Facilities in Malaysia

In a groundbreaking move, technology giant Oracle has announced plans to invest a staggering $6.5 billion to establish cloud facilities in Malaysia. This investment marks a significant milestone for the country, positioning it as a major player in the global tech industry.

The decision to set up cloud facilities in Malaysia underscores Oracle’s commitment to expanding its presence in Southeast Asia. The move is also expected to create thousands of job opportunities for local talent, further boosting the country’s economy.

With the increasing demand for cloud services, Oracle’s investment in Malaysia is set to revolutionize the way businesses operate in the region. The state-of-the-art facilities will provide companies with access to cutting-edge technology, enabling them to scale and innovate at a rapid pace.

“We are thrilled to be making this substantial investment in Malaysia, as we believe in the country’s potential to become a key player in the tech industry,” said Oracle CEO Safra Catz. “This move underscores our commitment to supporting the growth and development of Malaysia’s digital economy.”

The establishment of Oracle’s cloud facilities in Malaysia is expected to have far-reaching implications for the country’s tech ecosystem. It will not only attract more foreign investment but also foster collaboration between local and international companies.

As Malaysia continues to position itself as a hub for tech innovation, Oracle’s investment is a testament to the country’s potential for growth and development in the digital age. This move is set to propel Malaysia to new heights in the global tech industry, solidifying its position as a key player in the digital economy.

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