Key ASIC and CT Vision ink MOU to build 300MW green AI data center in Malaysia

Representative image of a green data center. Image credit: Pexels
September 7, 2026 at 2:13 PM GMT+8

Malaysian semiconductor specialist Key ASIC Berhad and Hong Kong investment and green technology group CT Vision (International) Holdings Limited, have jointly announced the signing of a Memorandum of Understanding (MOU) for a strategic partnership to develop a 300MW green AI Data Centre (AIDC) in Malaysia. The collaboration includes the construction, ownership and operation of dedicated renewable energy generation facilities to power the AIDC fully, according to the firms’ press release last week.

Upon signing of the MOU, both parties will advance feasibility studies, site planning, detailed engineering and commercial structuring, with definitive agreements targeted for execution by the end of Q4 2026.

The planned total IT load of about 300 MW is targetted within five years from commercial launch. The AIDC is targetted for 100 per cent renewable energy penetration with over half coming from onsite generation giving a targetted PUE of less than 1.20 across a full stack ecosystem.

Key ASIC will contribute expertise in energy-efficient semiconductor/ASIC design, power management and server infrastructure optimization tailored for AI workloads, as well as local execution capabilities. Meanwhile, CT Vision (International) will contribute international resources and technical capabilities in renewable energy and data center efficiency using their proprietary technologies.

Eg Kah Yee, Executive Chairman and CEO of Key ASIC Berhad said: “This partnership represents a paradigm shift: we are not merely constructing a data centre, but building a green energy-to-AI ecosystem. By building and generating our own green energy specifically for AIDC use, we achieve exceptional energy security, long-term cost competitiveness and full ESG accountability. Aligned with relevant national and state government authorities, this project underscores Malaysia’s strategic advantage as a premier destination for sustainable AI infrastructure in Southeast Asia.”

Lian Mingcheng, Executive Director of CT Vision (International) Holdings Limited said: “Malaysia offers outstanding renewable resources, strategic geographic location and stable policy environment — ideal for next-generation AI infrastructure. Combining Key ASIC’s local market mastery, semiconductor innovation and strong alignment with regulatory and development authorities, with our global capital and green technology strengths, creates a new benchmark for sustainable development.”