Google’s Investments to Boost Malaysia’s Economy: $3 Billion GDP Growth and 26,500 Jobs Created by 2030, Reports U.S. News & World Report
Google announced on Monday that its investments in Malaysia will add a whopping $3 billion to the country’s GDP by 2030 and create an estimated 26,500 jobs. The tech giant’s commitment to Malaysia comes as part of its broader efforts to expand its presence in Southeast Asia.
The investments will focus on building a new data center in the country, as well as expanding its existing office in Kuala Lumpur. Google also plans to provide training and digital skills development programs for Malaysians to help them thrive in the digital economy.
The announcement comes at a crucial time for Malaysia, which is looking to boost its economy in the wake of the COVID-19 pandemic. Google’s investments are expected to have a significant impact on the country’s tech sector and create new opportunities for local businesses and entrepreneurs.
“We are excited to be able to play a part in Malaysia’s digital transformation journey and contribute to the country’s economic growth,” said Google’s Vice President of APAC, Scott Beaumont. “We believe that by investing in Malaysia’s digital infrastructure and talent, we can help unlock new opportunities for Malaysians and drive the country’s development forward.”
The news has been met with enthusiasm from Malaysian officials, who see Google’s investments as a vote of confidence in the country’s potential as a tech hub in the region. With the tech giant’s support, Malaysia is poised to become a key player in the digital economy and attract more investments from other tech companies in the future.