Amazon to invest $9bn in Singapore to expand cloud services
Al Jazeera
Announcement comes after rival Microsoft last week unveiled major investments in Malaysia, Thailand and Indonesia.
Amazon has announced plans to invest $9bn in Singapore to expand cloud infrastructure in the city-state.
The announcement at the Amazon Web Services (AWS) ASEAN Summit on Tuesday comes after the Seattle-based tech giant last year unveiled multibillion-dollar investments in cloud services in Malaysia and Thailand.
“AWS is doubling down on its cloud infrastructure investments in Singapore from 2024 to 2028 to support customer demand, and help reinforce Singapore’s status as an attractive regional innovation launchpad,” AWS Country Manager Priscilla Chong said.
Amazon said the investment would support more than 12,000 jobs at Singaporean businesses each year and $23.7bn worth of value to Singapore’s gross domestic product (GDP).
Amazon’s announcement is the latest in a series of moves by United States-based tech titans to expand their footprint in Southeast Asia.
