Johor has quickly become Malaysia’s largest data center market, driven by significant investments and strategic developments. Recent reports highlight major projects, such as Gamuda’s RM1.7 billion hyperscale data center contracts and Sime Darby’s new data center outside Kuala Lumpur. These developments position Johor as a critical hub for technological infrastructure, enhancing the region’s economic landscape.
you need to read more uncle. I dont think you can really understand what is going on.
While KSL Holdings may not be directly involved in the AI boom or the data center industry, its significant property holdings in Johor place it in a unique position to benefit from this surge. The influx of data center investments is likely to drive up property demand in the region, benefiting real estate players like KSL.
KUALA LUMPUR: Google said on Tuesday its investments in Malaysia would create 26,500 jobs and contribute more than $3 billion to its economy by 2030, as it announced its new data centre and Cloud region there had broken ground.
KUALA LUMPUR: Malaysia will adopt a National Cloud Policy to modernise public services and boost innovation and efficiency in the sector, says Prime Minister Datuk Seri Anwar Ibrahim.
“By leveraging cloud technology, we aim to modernise government operations, foster citizen engagement, and streamline the delivery of public services.
How many employees work in a data center?
While a single data center doesn't usually directly employ many — some can operate with 15 crew members or less during day shifts — the types of jobs vary from technical to more general roles like security guards. 17 Sept 2024
“The spillover effects from data centres can be significant and multifaceted. Although DCs are primarily focused on data storage and processing, it enhances broader socio-economic activities and development,” notes the Investment, Trade and Industry Ministry (Miti) secretary-general Datuk Hairil Yahri Yaacob in a reply to StarBiz 7.
Keegan Ong, tax partner at PwC Malaysia, notes that the connection between electricity usage of DCs and a nation’s GDP is intricate and multi-dimensional.
He believes the presence of DCs can boost sectors such as software development and telecommunications, and will drive innovation and improve overall productivity.
KPMG in Malaysia head of technology consulting Alvin Gan notes the economic benefits of Malaysia’s expanding DC industry is “undeniable”.
“The influx of capital investments not only bolsters local industries but also elevates Malaysia’s standing on the global stage, contributing to GDP growth through heightened productivity and the creation of more lucrative employment opportunities.”
ah... those were the statements from salesmen innit?
Malaysia is likely to transition to a high-income economy between 2024 and 2028, a reflection of the country’s economic transformation development trajectory over past decades. However, further reforms are required to successfully join the ranks of other leading and developed economies, according to a new World Bank report
somehow you are really out of touch lah
keep yapping nonsense hoping that your cyber investment can be sold at triple quad from your buying price
you know how bad job market right now or not?
"transition to a high-income economy between 2024 and 2028"
I am wondering why Thailand which has bad umemployment at current moment , still trying very hard to attract Nvadia , Google and Microsoft to invest in DC in Thailand ?
From the facts provided by our Malaysia experts here , less than 100 jobs would be created by Nvadia n others combined ....No way u can solve Thailand massive umemployments , right ?
Do they really have more cheap power supply than Malaysia ?
Johan said that the government is cognisant that while data centre investments bring in large capital expenditures (capex), they may not bring tangible added value to the rakyat, such as high-paying job opportunities and knowledge transfer.
This post has been edited by JimbeamofNRT: Oct 23 2024, 09:43 AM