Crescendo seals seventh land sale in Johor, to data centre operator
These plots form part of the Nusa Cemerlang Industrial Park, a light and medium industrial development undertaken by Crescendo, covering a total area of 800,413.
These plots form part of the Nusa Cemerlang Industrial Park, a light and medium industrial development undertaken by Crescendo, covering a total area of 800,413.
“The presence of these data centres in Elmina Business Park enhances Selangor’s attractiveness as a key digital hub for Malaysia, buoyed by Selangor’s well-developed infrastructure, business-friendly policies, and collaborative efforts of authorities,” said Sime Darby Property’s group managing director Datuk Seri Azmir Merican.
Minister of Economy Rafizi Ramli: "What we want to avoid is Malaysia continuing to attract data centres, but are not able to get into the data centre value chain and supply chain.
Malaysia is becoming a major data centre hub in Southeast Asia, attracting significant investments from global tech giants.
The contract, a “fast-track project” awarded to a wholly owned subsidiary of Gamuda by BCEI Malaysia Sdn Bhd, will begin to contribute in the current financial year ending July 31, 2025.
SunCon’s has secured new projects amounting to RM3.
This latest partnership builds on the initial agreement signed in May 2024 and together, these agreements increase the total planned power capacity to 300MW.
However, it is unable to disclose the identity of the customer, as the customer is not agreeable to provide consent for disclosure, underground utilities and substation engineering specialist said in a bourse filing.
The guidelines are part of the government's efforts to ensure that data centres operating in the country meet sustainability requirements, including achieving the target of 70% renewable energy usage and net-zero emissions by 2050.
According to JLL’s report, China invested a total of US$21 billion (about RM90.