Malaysia to Fast-Track Google’s US$2 Billion Investment, Says Fahmi

KUALA LUMPUR: The Ministry of Communications will continue to facilitate the implementation of Google’s US$2 billion investment project in Malaysia, Communications Minister Fahmi Fadzil said today.

Working closely with the Malaysian Communications and Multimedia Commission (MCMC), the ministry will focus on ensuring infrastructure readiness and full regulatory compliance to support the project’s rollout. The initiative is expected to strengthen Malaysia’s ambition to become a regional hub for secure data, cloud computing, and digital innovation.

The investment includes the development of Google’s first data center and cloud region in Malaysia. It is projected to generate an estimated US$3.2 billion in economic impact and create approximately 26,500 jobs by 2030.

“Malaysia continues to be recognized as a leading destination for the digital economy,” Fahmi said in a Facebook post, where he also shared photos and videos of his participation in a video conference session earlier today.

The session was led by Prime Minister Anwar Ibrahim and attended by Ruth Porat, President and Chief Investment Officer of Alphabet and Google, along with her team.

In May 2024, Google announced a RM9.4 billion investment commitment in Malaysia. The investment covers the establishment of its first local data center and Google Cloud region to meet rising domestic and global demand for cloud services. It also includes artificial intelligence (AI) literacy programs aimed at students and educators nationwide.

The move underscores growing international confidence in Malaysia’s digital infrastructure ecosystem and its potential as a key player in Southeast Asia’s expanding tech landscape.