Princeton Digital Group (PDG) has entered into a definitive agreement with JLand Group Sdn Bhd (JLG), Johor Corporation’s real estate and infrastructure arm, to build a 150 MW hyperscale campus in Sedenak Tech Park (STeP) in Johor.
Starting off its first phase of 60MW data center with an investment value of RM 2 billion (~USD 450 million), the facility named JH1 is targeted to commence operations by Q2 2024.
Asia Pacific’s rapid growth of cloud computing, e-commerce, and big data applications has led to expansion of data center capacity and smart infrastructure systems.
According to the latest report by Knight Frank, Malaysia has come out on top as the most desired destination for data center investment. Analysts also anticipate that Malaysia will become a major Asian hub for data centers, with supportive pro-business policies to attract and retain data center investors.
Just this month, various data center players have announced their expansion in Malaysia to meet the overwhelming demand for data center space in the country.
AIMS Group has announced the construction of AIMS Cyberjaya Block 2. Vantage Data Centers also announced a second data center campus (KUL2) with an additional US$3 billion (RM13.32b) investment in Cyberjaya.
Additionally, an Australian data center operator NextDC is also planning phased development of new data centers in Kuala Lumpur to accelerate its expansion plans and to cater to growing demand for data center services across the Asia-Pacific region.
