KUALA LUMPUR: The RM25.5 billion investment Amazon Web Services (AWS) into Malaysia would accelerate the innovation rate, said Mranti chief executive officer Dzuleira Abu Bakar.

“It opens up more bandwidth for Malaysian innovators to closely collaborate with leading science, technology and innovation teams across the value chain, from anywhere in the world, at speed and with
greater capacity, reliability, availability, manageability and security.

“This will raise the stature of our R&D for commercialisation while elevating more Malaysian technologies to market. This in turn, will enhance the country’s security of innovation supply,” she said in a statement.

AWS’s investment also opens up new pathways for upstream and downstream R&D services and solutions to be developed in Kuala Lumpur – which is ranked as a top 10 innovation hub in the region.

She said it will also help us draw in the right talent and move Malaysia up the innovation value chain as the next-generation cloud infrastructure system will support a host of technologies by high-growth companies, set to take flight in the coming years.

Dzuleira added that Malaysia is already a base for many leading multinational and leading technology
companies, and Mranti believes more will follow in AWS’ lead in this regard.

“MRANTI is committed to connecting investors and innovators to accelerate ideas to impact.

“In this regard, we look forward to collaborating with AWS and Malaysian institutions, startups, and companies to deliver cloud-powered applications to fuel economic development across the country and to spur job creation, skills training, and educational opportunities for communities.

“Ultimately, it will serve the needs of the rakyat, business and industry – as outlined in the Ministry of Science, Technology and Innovation (MOSTI)’s strategic initiatives and framework to enable Malaysia to migrate from a technology consuming to a technology producing nation strongly based on an innovation-driven economy.”