Equinix, Inc. has announced that it will be investing RM23 million to acquire land from Cyberview Sdn Bhd in Cyberjaya to expand its data center capacity in Malaysia following the launches of its International Business Exchange TM (IBX) in Kuala Lumpur (KL1) and Johor (JH1).

The additional land will be to addressing the rising demand for reliable, high-performance data center services in Malaysia and the broader Southeast Asian region. Notably, Malaysia's data center market is rapidly expanding due to its strategic location, supportive government policies, and increasing demand for digital infrastructure. As Southeast Asia becomes a significant hub for digital transformation, Malaysia is emerging as a key player, aspiring to transform into a digitally-driven, high-income economy. Factors such as geopolitical stability, a skilled workforce, improved connectivity, and a focus on renewable energy sources are propelling the data center market, which is expected to grow at a CAGR
of nearly 14% and reach an estimated US$3.97 billion by 2029.

Located in Malaysia's Global Tech Hub of Cyberjaya, Kuala Lumpur, the acquired land is less than one kilometer from the existing KL1 facility. With a total area of 14,300 square meters, the newly acquired land will serve as a strategic complement to KL1, enabling Equinix to further enhance its ecosystem in Malaysia to cater to a wide range of network and cloud service providers, as well as enterprises spanning various industries.

Dato' Seri Amirudin Shari, Chief Minister of Selangor, today participated in the document exchange ceremony between Equinix and Cyberview. At the ceremony, he said, "Selangor aims to accelerate the pace of digitising 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 currently has two data centres in Malaysia, JH1 and KL1. JH1 offers 500 cabinets and 1,960 square metres of colocation space, while KL1 will provide 900 cabinets and 2,630 square metres of colocation space once fully built. These facilities have already attracted various network, content, fintech, gaming and AI companies to deploy their IT infrastructure.

In Asia-Pacific, Equinix currently has 56 data centres located in key metropolitan areas across Australia, China, Hong Kong China, India, Japan, Korea, Malaysia and Singapore. Its global presence with 260 data centres across 71 metropolitan areas continues to support over 10,000 leading businesses worldwide.