American International Group Inc is set to establish a global shared services and data centers in Malaysia through one of its subsidiaries, the company said on Saturday.

The insurance giant plans to build the global shared services centre and data centre across 10 acres in Cyberjaya, Malaysia's technology hub, the company said in a statement.

The announcement came ahead of the World Congress on Information Technology.

Microsoft Chairman Bill Gates and Intel Chairman Craig Barrett will be among some 2,500 delegates from 80 countries that are due to participate in the event.