US data centre firm Equinix invests RM23m to expand capacity in Malaysia
29 Jul 2024
US data centre company Equinix Inc announced on Monday, a RM23 million investment to acquire land in Cyberjaya, Selangor, to expand its data centre capacity.
The acquisition will be instrumental in meeting the rising demand for data centre services in Malaysia and the broader Southeast Asia region, Equinix said in a statement. The acquired land, measuring 14,300 square metres, is less than one kilometre from its existing KL1 facility.
Malaysia boasts a substantial Internet user base, with a staggering 96.8% of the population actively engaging in various digital activities such as video streaming, online shopping, online banking and gaming, said Equinix Malaysia managing director Cheam Tat Inn.
“Consequently, businesses operating in Malaysia are increasingly seeking secure and scalable data centre services and access to digital ecosystems to meet the demands of this tech-savvy consumer base,” he said.
The company did not provide further details on the planned capacity expansion.
Equinix already has data centres at two sites in Malaysia: JH1 in Johor, which the company invested US$40 million back in 2022, followed by an over US$100 million investment in KL1 in Cyberjaya in 2023.
JH1 has capacity of up to 500 cabinets and 1,960 square metres of co-location space, while KL1 will have up to 900 cabinets and a co-location space of 2,630 square metres when fully built.
In Asia Pacific, Equinix has 56 data centres located in key metropolitan areas, including in Australia, China, Hong Kong, India, Japan, Korea, and Singapore.
Source: The Edge Malaysia
