BARCELONA, SPAIN – Amazon Web Services has announced a significant investment in Singapore, with plans to inject an additional 12 billion Singapore dollars over the next five years. The move aims to bolster the tech giant’s cloud infrastructure and services in the Asia-Pacific region. Priscilla Chong, AWS Singapore’s country manager, revealed the details of the investment during an interview on CNBC’s “Street Signs Asia.”
The initial partnership between AWS and Singapore dates back to 2010 when the cloud computing arm of the U.S. technology company established its first Asia-Pacific region in the country. Since then, AWS has poured over SG$11 billion into Singapore’s cloud infrastructure and ecosystem. The investment highlights AWS’s commitment to the ASEAN region and its dedication to enhancing digital skills amongst the population.
The surge in demand for cloud computing services and data centers, driven by the AI boom, has underscored the importance of cloud service providers like AWS in supporting the digital economy ecosystem. AWS has played a crucial role in providing secure, resilient infrastructure and facilitating access to advanced capabilities like AI in the region.
Furthermore, AWS has been actively engaged in upskilling initiatives, having trained over 400,000 individuals in cloud skills since 2017. The company remains focused on enhancing productivity and fostering innovation in Singapore by investing in the development of tech professionals.
As the digitalization momentum continues to strengthen in the region, AWS’s expansion efforts in Southeast Asia have garnered attention. Microsoft’s recent AI and cloud-related investments in Southeast Asian countries further highlight the competitive landscape in the region, with AWS also expanding its footprint with substantial investments in Thailand and Malaysia.
The global cloud infrastructure market landscape is evolving, with AWS maintaining its position as the world’s largest cloud infrastructure provider in the first quarter. Despite facing competition from Microsoft Azure, AWS’s investments in Singapore and Southeast Asia underscore the company’s strategic focus on driving digital transformation and innovation in the region.