US software Tech giant “Microsoft” has pledged to invest at least one billion dollars to enable the digital economy in Malaysia over the next five years.
During a Microsoft conference, Malaysian Prime Minister Muhyiddin Yassin announced that the investments would include establishing a regional data center in Malaysia that could generate revenues of up to $ 6.9 billion from local cloud computing services.
He added, “Microsoft” has pledged to qualify and train one million Malaysians by the end of 2030.
The Malaysian government has chosen Microsoft as a provider of cloud computing services. The company has also signed memoranda of understanding with major Malaysian companies, including Petronas for oil and Cellcom for the mobile phone.
The Malaysian government intends to transfer 80% of its data to cloud computing technology by the end of 2022. It also plans to launch a super powerful app to do forecasting work based on data analysis.