Johor expects RM15bil investment in YTL Green Data Centre Park

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'The digital economy is expected to contribute 22.6% to the country’s GDP by 2025, and it is a slice of the economy that Johor does not intend to miss,' said Onn Hafiz.

He added that the green data centre park, within 111.2ha, is the largest in the country with 500 megawatt capacity as well as being the first data centre in Malaysia powered by renewable energy.

Onn Hafiz added that the global data centre market was valued at US$187.3bil in 2020 and is projected to reach US$517.1bil by 2030, registering a compound annual growth rate of 10.5% from 2021 to 2030. “With the continuous assistance of the Malaysian Investment Development Authority, the state government will do its best to attract investments of this nature and enable Johor to realise its potential to become a regional data centre hub,” he added.

Meanwhile, Sea Ltd co-founder and group chief operating officer Ye Gang said YTL would be able to meet the infrastructure, power and connectivity needs of its operations in the region with the state government and Mida as their key expansion partners.

 

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