MN Holdings Bhd has partnered with China’s Shanghai DC-Science Co Ltd to work together on building a high performance data center in Malaysia. The project is valued at an estimated US$600m.
MN Holding’s wholly owned subsidiary Mutu Nusantara Sdn Bhd signed a memorandum of understanding with DC-Science.
According to a statement, the underground utilities and substation engineering specialist mentioned that the project is valued at approximately US$600 million. This investment is part of a series of foreign direct investments that were secured for Malaysia during Prime Minister Datuk Seri Anwar Ibrahim’s first visit to China, that took place from March 30 to April 2, 2023.
MN Holdings has revealed that the site at Sedenak Tech Park in Johor spans 20 acres. The project has been planned to include a 12,000-rack facility supported by a power load of 120MW, and dual power supply. The project will also have access to a daily average water supply of around 5,000 metric tonnes (MT) and network access infrastructure.
Development of Phase 1 of the project is expected to commence this year and operations are set to begin in the first half of 2024.
