Digital infrastructure giant Equinix has announced yet another deal in Asia. This one is an estimated US$5 million investment to acquire land from former landowner and now tech hub developer Cyberview in ICT-focused city Cyberjaya in Selangor state.
Equinix is aiming to boost its data centre capacity in Malaysia and says the newly acquired land will help meet the growing demand for reliable, high-performance data centre services in Malaysia and the broader Southeast Asian region.
Equinix highlights Malaysia’s increasing demand for data centres, noting that the Malaysian data centre market is projected to grow at a compound annual growth rate (CAGR) of nearly 14%, reaching an estimated UD$3.97 billion by 2029.
The Data Centre Dynamics website says Malaysia has seen significant data centre investment over the last few years, taking the spillover from Singapore, which imposed a moratorium in 2019 (eased slightly in 2022) on data centre development.
Indeed this latest move follows the launches of Equinix International Business Exchange (IBX) data centres in Kuala Lumpur (KL1) and Johor (JH1).
The newly acquired land in Cyberjaya, located less than one kilometre from the existing KL1 facility, spans 14,300 square metres. This strategic acquisition will support Equinix in expanding its ecosystem in Malaysia to serve a wide range of network and cloud service providers and enterprises across various industries.
While there appear to be no technical details about plans for the new site, existing facilities may provide a clue: JH1 provides 500 cabinets and 1,960 square metres of colocation space, while KL1 will offer 900 cabinets and 2,630 square metres of colocation space once fully operational. These facilities have already attracted numerous network, content, fintech, gaming, and AI companies.
In the Asia-Pacific region, Equinix operates 56 data centres across key metropolitan areas in Australia, China, Hong Kong, India, Japan, Korea, Malaysia, and Singapore. Last week Equinix announced its planned entry into the Philippines with the acquisition of three data centres from Total Information Management (TIM), a technology solutions provider.
