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Equinix acquires land for data centers in Malaysia

Jul 29, 2024 | Posted by Abdul-Rahman Oladimeji

Equinix has acquired land in Cyberjaya, Malaysia to expand its data center capacity in the country and has invested RM23 million (approximately $5 million) in acquiring land in Cyberjaya, Kuala Lumpur, from Cyberview Sdn Bhd. 
 

Dato’ Seri Amirudin Shari, Chief Minister of Selangor, said: “Selangor aims to accelerate the pace of digitizing our economy, and data centers are a key component of the digital economy backbone. Equinix's investment, renowned for its global expertise in building resilient digital infrastructure and fostering a robust network ecosystem, is poised to contribute significantly to the adoption of cloud technology by Malaysian companies.”

Equinix Malaysia's managing director, Cheam Tat Inn, added: “Malaysia boasts a substantial Internet user base, with a staggering 96.8 percent of the population actively engaging in various digital activities such as video streaming, online shopping, online banking, and gaming. Consequently, businesses operating in Malaysia are increasingly seeking secure and scalable data center services and access to digital ecosystems to meet the demands of this tech-savvy consumer base."