Selangor eyes RM52 billion investment in data centres - MIDA | Malaysian Investment Development Authority
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Selangor eyes RM52 billion investment in data centres

Selangor eyes RM52 billion investment in data centres

26 Nov 2024

The construction of 17 data centres in Selangor is set to bring investment potential worth RM52 billion over the next 10 years, the Selangor State Assembly was informed today.

State Investment Committee member Ng Sze Han highlighted that the construction of these centres will create various employment opportunities, including high-skilled roles such as IT engineers, network engineers, research and development engineers, and data centre managers.

“Among the 10 data centres located across the state are Google in Sungai Buloh, HeiTech Padu in Shah Alam, and NextDC in Petaling Jaya.

“Seven data centres are situated in Cyberjaya, including Vantage Data Centre, Bridge Data Centre, Equinex, NTT Global Data Centre, Microsoft, Edge ConneX, and ST Telemedia Global Data Centre,” said Ng.

Last year, the Selangor State Development Corporation signed a memorandum of understanding with Singaporean company RDA Ventures Pte. Ltd to develop three data centres in Cyberjaya.

The initiative, which involves major agencies such as MDEC and the Malaysian Investment Development Authority (MIDA), is expected to create job opportunities in fields such as electronics, computer science, statistics, and administration.

In August, Selangor Innovation Development Committee member Dr Fahmi Ngah noted that many companies are eager to invest in the industry, citing the state’s extensive 5G network coverage as a key enabler for seamless business operations.

Source: Business Today

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