Malaysia has drawn RM76bil in data centre investments in just over two years, says Tengku Zafrul - News Summed Up

Malaysia has drawn RM76bil in data centre investments in just over two years, says Tengku Zafrul


ISKANDAR PUTERI: Malaysia has received RM76bil worth of investments involving data centres from 2021 until March this year. Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said this considerable growth was supported by several factors and was in line with the government's desire to make the country a regional data centre hub. "Now there are many data centres operating here but when we look at the growth, it is really big. Tengku Zafrul added that factors driving the growth of data centres here included government policies and incentives on renewable energy, land and the exisiting digital economy ecosystem. He said this was proven by the commitment of industry players through the electricity supply agreement between Tenaga Nasional Berhad and four data centre players involving supply with a total capacity of 1,500 megawatts.


Source: The Star August 10, 2023 13:21 UTC



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