AWS is doubling down on its cloud infrastructure investments in Singapore from 2024 to 2028 to support customer demand, helping reinforce Singapore's status as an attractive regional innovation launchpad.
Amazon's $9bn investment in Singapore aims to support over 12,000 jobs yearly at Singaporean businesses and add $23.7bn value to the country's GDP.
Tech giants like Microsoft, Nvidia, and Apple have been expanding their presence in Southeast Asia, with Google planning investments in Malaysia soon.
AI is projected to contribute nearly $1 trillion to Southeast Asia's GDP by 2030; Amazon leads as the top cloud provider globally.
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