• The contract award marks the main construction phase for the hyperscale data centre, which Sime Darby Property previously secured through a long-term build-and-lease agreement announced in December 2024 with Pearl Computing Malaysia Sdn Bhd.

PETALING JAYA (Oct 24): Sime Darby Property Bhd has awarded a RM1.26 billion contract to IJM Construction Sdn Bhd, a wholly owned subsidiary of IJM Corporation Bhd, for the main building works of a hyperscale data centre at Elmina Business Park.

The contract, awarded through the group’s subsidiary Sime Darby Property (EBP Asset II) Sdn Bhd, covers the construction, completion, testing, and commissioning of the facility’s core and shell, along with related infrastructure works.

The contract award marks the main construction phase for the hyperscale data centre, which Sime Darby Property previously secured through a long-term build-and-lease agreement announced in December 2024 with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of Raiden APAC Pte Ltd. Construction is scheduled to commence in the fourth quarter of 2025, with completion targeted for the second quarter of 2027. The contract was awarded following a competitive tender process.

“Spanning approximately 77 acres, the project reinforces Sime Darby Property’s ambition to establish Elmina Business Park as a regional hub for technology-driven developments. It also advances advances Sime Darby Property’s SHIFT25 strategy by expanding its recurring income base under the group’s Investment & Asset Management division, while reinforcing Elmina Business Park’s position as a premier industrial and technology hub,” stated Sime Darby Property in a media release.

“This contract award marks another milestone in our journey to build Malaysia’s next generation of digital infrastructure. We are building a high tech, mission-critical asset that will serve the demands of the global digital economy. We are pleased to partner with IJM Construction, a company with a proven track record in delivering complex, large-scale projects, to execute the construction of this state-of-the-art facility," said Datuk Seri Azmir Merican, group managing director and CEO of Sime Darby Property.

As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.

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