Amazon Web Services (AWS) plans to invest S$12 billion over four years to expand its cloud computing infrastructure in Singapore.
This investment aims to meet the increasing demand for cloud services in Southeast Asia and strengthen Singapore's position as a regional innovation hub.
AWS will collaborate with the Singapore government, public sector organizations, and enterprises to drive technological innovation and digital transformation.
Southeast Asia's tech potential, with its young and tech-savvy population, attracts investments from global tech giants, stimulating economic growth and positioning the region as a key player in the global tech landscape.