May 24, 2024

Brighton Journal

Complete News World

Amazon Internet Services (AWS) intends to invest an additional $9 billion in Singapore

Amazon Internet Services (AWS) intends to invest an additional $9 billion in Singapore

BARCELONA, SPAIN – JANUARY 31: An illuminated logo outside the Amazon Web Services (AWS) booth at the ISE 2023 and IOT Solutions World Conference at Fira Barcelona on January 31, 2023 in Barcelona, ​​Spain. Integrated Systems Europe (ISE) is the world’s largest AV systems integration show, with 850 exhibitors and organized by Integrated Systems Events. IOTSWC 2023 is the leading event on digital transformation trends, based on revolutionary technologies. (Photo by Cesc Maimo/Getty Images)

Cesc Maymo | Getty Images News | Getty Images

SINGAPORE – Amazon Web Services said on Tuesday it will invest an additional S$12 billion (about $8.87 billion) over the next five years to grow its cloud infrastructure and services in Singapore.

“The investment will go into building and building capital capabilities, all of which are linked to the Asia-Pacific region in Singapore,” Priscilla Chung, director of AWS in Singapore, told CNBC’s “Street Signs Asia” on Tuesday.