Delapan SBEZ — of which Northern Gateway is the master developer — features a free commercial and industrial zone located at the northern end of the North-South Expressway and the Malaysia Federal Route 1, with an access to the Bukit Kayu Hitam Inland Port.
The scope of work comprises preliminaries and interfacing works, as well as the handling of approved working order and the remedy of defects.
JLL senior director of capital markets, KL Eng, said the data centre sector in the country has expanded rapidly in recent years due to increased internet usage.
SINGAPORE (Sept 20): The surge in demand for Internet-based services over the past few years has boosted the demand for data centre developments around the world, especially in major cities such as Singapore.
KUALA LUMPUR (Sept 7): The Employees Provident Fund (EPF) has awarded a build and migrate-based data centre cabling project in Sungai Buloh, Selangor to Mesiniaga Bhd, according to the EPF’s latest tender results.
KUALA LUMPUR (Feb 3): The market for hosting, storage, and computing cloud services is expected to be worth US$163 billion (RM660 billion) in 2021, which is an almost 30% increase over 2017, according to a new study by real estate consultancy firm JLL.
Based on Uptime Institute’s Tier Certifications system, which has become the default standard for the data centre industry, data centre classifications are divided into four tiers that match a particular business function and define criteria for maintenance, power, cooling and fault capabilities.
As landowners and real estate players vex over the dismal property outlook amidst the Covid-19 pandemic, another alternative asset class has emerged from the robust e-commerce to open up many business opportunities – data centre.
PETALING JAYA (Oct 26): Glomac Bhd is considering venturing into data centre business in the near future to diversify its investment portfolio.
KUALA LUMPUR (July 3): AIMS Data Centre (AIMS) has commenced construction on a new Tier III purpose-built data centre facility in Cyberjaya.
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