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Microsoft vows to invest $1.7 billion in Indonesia
US tech giant Microsoft has announced plans to invest US$1.7 billion in Indonesia to develop an artificial intelligence ecosystem and nurture the digital talents of 840,000 people in the next four years.
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Executive Chairman and CEO of Microsoft Corporation Satya Nadella gestures while speaking during the "Microsoft Build: AI Day" event in Jakarta, April 30, 2024. REUTERS/Ajeng Dinar Ulfiana (REUTERS/Ajeng Dinar Ulfiana)
United States tech giant Microsoft has announced a large investment in Indonesia, as the company’s chief executive officer visits Jakarta for talks with government officials.
Microsoft will “invest US$1.7 billion over the next four years in new cloud and AI infrastructure in Indonesia, as well as AI skilling opportunities for 840,000 people, and support for the nation’s growing developer community,” the company announced in a press release on Tuesday.
Communications and Information Minister Budi Arie Setiadi said in a press conference on the same day that Microsoft's investment was critical to Indonesia's digital development.
"This is breath of fresh air for everyone, as a country and as society, because Indonesia is being taken into account in the global digital ecosystem," he remarked following his sit-down with Microsoft CEO Satya Nadella.
According to the plans, a research development center is to be built either in Bali or in Indonesia’s new capital city currently under construction in Kalimantan, with the intention to develop AI skills in the country.
Read also: Apple mulls building first production facility in Indonesia
