Amazon’s AWS Puts Another S$12 Billion into its Singapore Cloud Infrastructure

AWS

Amazon’s AWS Puts Another S$12 Billion into its Singapore Cloud Infrastructure

AMAZON Web Services (AWS) will commit an extra S$12 billion to its existing Singapore cloud infrastructure over the next four years, doubling its investment in the Republic. The move follows last year’s S$11.5 million injection.

It will also launch a programme to drive the adoption of artificial intelligence (AI) in the country.

The S$12 billion investment will help meet growing customer demand for cloud services, AWS said on the sidelines of the AWS Summit held at Marina Bay Sands on Tuesday (May 7).

Priscilla Chong, AWS Singapore’s country manager, said: “It also brings additional contributions to the local economy by AWS, such as upskilling the local digital workforce, developing renewable-energy projects and creating a positive impact in the communities where AWS operates.”

The Amazon subsidiary expects the investment to contribute S$23.7 billion to Singapore’s gross domestic product (GDP) by 2028, and to support an estimated average of 12,300 full-time equivalent jobs in local Singapore businesses each year.

AWS, which provides on-demand cloud computing services, supports more than 4,800 full-time jobs in local businesses annually, based on its Singapore economic impact report.

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