Azmin Ali: Amazon Web Services should make a major investment in Malaysia to develop data centers
SEATTLE: Amazon Web Services Inc (AWS) is committed to realizing Malaysia’s potential as a data hub in Southeast Asia and is expected to make a major investment this year to develop data centers in the country.
Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali said the government has given approval for AWS to invest in the country. However, AWS informed that it still has some things to settle with the Malaysian Investment Development Authority (MIDA), the Ministry of International Trade and Industry (MITI) and the Ministry of Finance (MOF).
“As these are high-quality new technologies, the government is ready to consider AWS applications to encourage quality investment in Malaysia. We are discussing several new incentives which are more innovative and attractive for AWS to build more data centers in Malaysia,” the minister told Bernama and TV3 after meeting with AWS representatives here on May 17.
AWS is a pioneering giant in providing cloud computing services.
He added that Tuesday’s discussion provided insight into the incentives sought by AWS, which are being considered by MITI and MOF.
“We are confident that the negotiation process will be finalized soon because for Malaysia, this investment is very important to accelerate the process of digital technology transformation in Malaysia,” Azmin said.
Prior to the meeting with AWS, Azmin also met with representatives from Microsoft Corporation, where the company said it was committed to nurturing local talent through the “Bersama Malaysia Microsoft” initiative which was launched in April 2021.
“I have been informed that almost 500,000 local workers have been trained since the beginning of this year, and I am confident that the goal of training more than one million local workers will be achieved by 2023,” said he added.
Azmin said Microsoft and AWS are also ready to help the government in its efforts to improve the country’s competitiveness in the digital economy.
“The presence of these companies will surely accelerate the transformation and adaptation of digital technology that will help generate sustainable growth in the country.
“These investments are in line with the aspirations of the MyDigital policy which aims to provide Malaysians with access to digital technology, especially to industries, including small and medium-sized enterprises (SMEs),” the minister added.
When meeting with Ammex Corporation on Tuesday, Azmin said the company is ready to increase imports of gloves from Malaysia.
Sixty percent of the company’s glove imports come from Malaysia.
“We have identified several local glove makers to meet the company’s demand.
“This will help boost manufacturing activities in our country, especially among SMEs, in terms of meeting international standards and improving their productivity for the US market,” he added. – Bernama