Developed as a key component of the JS-SEZ masterplan, the initial phase of SJREC is expected to include up to four gigawatts peak (GWp) of solar capacity and 5.
This will be the data centre provider’s third campus in Malaysia.
Transport Minister Anthony Loke Siew Fook said the initial focus of the ETS3 will be the Johor Bahru-Kuala Lumpur route to allow higher train frequencies compared to longer routes.
With the latest jobs win, Haily’s cumulative secured contracts for the year is estimated to have risen to RM345.
Crescendo said the lands are not generating cash flow, and the disposals are in line with a series of land sales undertaken over the past two years to unlock value, realise disposal gains and strengthen its financial position.
The sale covers one leasehold parcel (expiring in 2099) and one freehold parcel, both currently vacant.
Johor's overall residential market continued to show exceptional growth.
He added that transient disruptions like the one recently experienced in Johor should not have a significant impact on DC operations in the short term.
The upgrading works will introduce a “modern facade” and increase floor area by 4% to 568,927 sq ft, set to house over 300 retailers.
The government is targeting 50 high-impact projects in the JS-SEZ within the next five years and 100 projects over the next 10 years, while creating at least 20,000 high-skilled job opportunities over the next decade.
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