Amazon Web Services (AWS), the Cloud Division of the US Retail Giant Amazon, Plans a Significant Expansion of its Cloud Computing Infrastructure in Singapore. The company aims to invest a total of 12 billion Singapore dollars, equivalent to nearly nine billion US dollars, over the next four years. This announcement was made during the "AWS Summit Singapore," reports Reuters.

AWS Country Manager Priscilla Chong commented on the plans, stating that AWS wants to double its investments in cloud infrastructure in Singapore to meet growing customer demand and to strengthen Singapore's position as an attractive regional hub for innovation.

This Investment Builds on Already Incurred Expenditures, Amounting to 11.5 Billion Singapore Dollars in the Asia-Pacific Region by 2023. Total Investments are Expected to Exceed 23 Billion Singapore Dollars by 2028.

In addition to financial investments, AWS has announced a collaboration with the Singapore government as well as with public sector organizations and private companies. The goal of this partnership is to accelerate the implementation of artificial intelligence and generative AI in the city-state.

These measures are part of Amazon's broader strategy to establish a robust AWS infrastructure across Southeast Asia. Previously, the company had already announced significant investments in Thailand and Malaysia, amounting to five and six billion US dollars, respectively.

On Tuesday morning, Amazon's stock was slightly down in pre-market NASDAQ trading, with a decrease of 0.33 percent at 188.08 US dollars.