Tencent decides to launch its first Asean data center in Cyberjaya
Date: 2018-04-28   Author: Saipriya Iyer  Category: #news

Tencent decides to launch its first Asean data center in Cyberjaya

Tencent Holdings Limited, a China based investment holding firm, and Tourism Malaysia are planning to jointly set up a data center in Cyberjaya, Malaysia. Sources claim that the strategic move is a part of the Smart Tourism 4.0 program launched recently in Malaysia. Under the new project, Tencent is expected to use the reproduction of its earlier digital ecosystem model.

Datuk Siew Ka Wei, the chairman of Tourism Malaysia, has stated that the group has decided to establish an incubation unit in Cyberjaya in association with the regional partner. He further added that the initiative will include not only retail firms but also airliners and myriad other players across the transport sector.

Experts are of the opinion that this smart tourism initiative will make notable contributions towards the economic growth of Malaysia considering that 8 million tourist arrivals are expected in Malaysia from China over the next two years. As per a key official of Tourism Malaysia, startups with innovative, fresh ideas will benefit commendably from the smart tourism initiative.

If reports are to be believed, the initiative is forecast to be live in the second half of this year. The program will help the Malaysian Tourism Promotion Board to promote the growth of tourism industry in the country.

Malaysia Smart Tourism 4.0 program encompasses the development of approximately 40 videos, each spanning over five minutes. These videos display exceptional holiday experiences in the country, including resorts, gastronomy, heritage, beaches, soft adventure tourism, history, and culture. It is likely that Tencent will declare the establishment of the data center in Cyberjaya by the end of the month, thereby becoming the first organization to provide services for the entire Asian region.  

It has been speculated that the Chinese retail conglomerate will support the expansion of Malaysian businesses across the China market by providing them with new technology. In return, Tourism Malaysia will offer substantial facilities to Tencent for its business growth across the country.



About Author


Saipriya Iyer

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

Read More

More from Saipriya


Post Recommendents

Latest Study explores the Dental Care Supplies Market Witness Highest Growth in near future
Author: Ashwin Naphade

The ' Dental Care Supplies market' research report now available with Market Study Report, LLC, is a compilation of pivotal insights pertaining to market size, competitive spectrum, geographical outlook, contender share, and consumption tr...


Dental Patient Simulator Market Size, Growth Opportunities, Trends by Manufacturers, Regions, Application & Forecast to 2025
Author: Ashwin Naphade

The latest report pertaining to ' Dental Patient Simulator Market' now available with Market Study Report, LLC, provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the repor...


Global Blood Glucose Monitoring System Market Latest Trend, Growth, Size, Application & Forecast 2025
Author: Ashwin Naphade

A research report on ' Blood Glucose Monitoring System Market' Added by Market Study Report, LLC, features a succinct analysis on the latest market trends. The report also includes detailed abstracts about statistics, revenue forecasts and...