AIG to set up services, data centres in Malaysia

KUALA LUMPUR, May 17 (Reuters) - American International Group Inc (AIG.N: Quote, Profile, Research) plans to establish a global shared services and data centres in Malaysia through one of its subsidiaries, the insurance giant said on Saturday.

AIG plans to build the global shared services centre and data centre across 10 acres (4 hectares) in Cyberjaya, Malaysia's technology hub on the outskirts of capital Kuala Lumpur, the firm said in a statement, ahead of the World Congress on Information Technology.

Microsoft (MSFT.O: Quote, Profile, Research) Chairman Bill Gates and Intel (INTC.O: Quote, Profile, Research) Chairman Craig Barrett will be among some 2,500 delegates from 80 nations expected to participate in the event.

Separately, Nasdaq-listed TeleTech Holdings Inc (TTEC.O: Quote, Profile, Research), provider of business process outsourcing (BPO) solutions, unveiled plans to roll-out delivery centres in Malaysia with an aim to create more than 10,000 jobs in 10 years.

TeleTech said it will set up delivery centres through its subsidiary TTEC Malaysia. (Reporting by Naveen Thukral; Editing by Ramthan Hussain)