Sunway Group has announced that it had sealed a deal worth more than RM380 million today that will see Equalbase Pte Ltd
acquiring two parcels of land spanning 64 acres in Sunway City Iskandar Puteri Johor, for data centres development.
The latest investment by Equalbase builds upon Equalbase Sunway 103°, a Sunway and Equalbase Group joint venture sitting on a Free Commercial Zone with a gross development value of RM8 billion for the carbon-neutral logistics hub in SCIP, Johor.
Equalbase Executive Chairman Christian Bischoff said, “We’ve been through extensive preparation for this major milestone for our group and our partners to aggregate and secure all required components to make this project a thorough success.
I am confident that we are building one of the most sustainable data centres today. We will integrate all critical elements within our group. Equalbase, together with other companies under its group, directly controls, designs, develops, invests and manages essential areas, such as clean energy production, battery storage systems and new, innovative water solutions.”
The main draw for the location had been its establishhed position for already large players in data centres setting up such as Microsoft, Nvidia and Amazon making immense investments.
The proposed data centres development will further propel Johor’s economic growth and add to SCIP’s vibrant ecosystem, elevating the city’s appeal to high-income professionals and global corporations looking to establish a regional headquarters.
With an estimated GDV of RM30 billion and a 250,000-strong community when fully developed, the 2,000-acre township is a sustainable and integrated city encompassing retail malls, leisure, hospitality, theme parks, hotels, commercial offices, integrated healthcare facilities and educational institutions, among others.
RTS Link and the proposed establishment of a Johor-Singapore Special Economic Zone (“JS-SEZ”) will be catalytic to turbo charge economic growth in Johor and elevate Johor to be a developed state in Malaysia by 2030.
