News about data centre

“The incoming Donald Trump administration is unlikely to reverse the outgoing Joe Biden’s policies.

The company also has 42-acre land in the Meridin East township in Johor Bahru that could be further developed to support an additional 300 megawatts of power capacity.

It was previously reported that TNB expects to see electricity demand from data centres reach 5,000MW by 2035, accounting for 15-20% of total electricity demand in the country then.

BMI said Johor’s stable infrastructure and government incentives make it an attractive destination for institutional investors seeking reliable and high-growth opportunities.

The Johor-based property developer recorded a net profit of RM103 million for the quarter ended Oct 31, 2024 (3QFY2025), compared to RM18 million a year earlier, according to a bourse filing on Friday.

The research house also said YTL Power's power usage effectiveness at 1.

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.