Equinix Enters Malaysia with $40M Data Center Investment
World-class digital infrastructure to accelerate digital economy transformation in Malaysia and the wider ASEAN region
Equinix, Inc., the world’s digital infrastructure company™, today announced its market entry into Malaysia with plans to build a new International Business ExchangeTM (IBX®) data center located in Johor, called JH1. With an initial investment of approximately $40 million, JH1 is scheduled to begin operations in Q1 2024, providing 500 cabinets and 1,960 square meters of colocation space. The world-class IBX data center will support Malaysian companies and multinationals doing business in Malaysia with access to Platform Equinix® to bring together and interconnect the foundational digital infrastructure that powers their success.
Malaysia’s digital economy is forecast to reach $34 billion in Gross Merchandise Value by 2025, with the country on course to achieve a digital economy contribution to Gross Domestic Product of at least 25.5% the same year.
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