Equinix, Inc. announced its market entry into Malaysia with plans to build a new data center in Johor. With an initial investment of approximately USD 40 million, the data center is scheduled to begin operations in 2024, providing 500 cabinets and 1,960 square meters of colocation space. The 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 forecasted to reach USD 34 billion by 2025, with the country on course to achieve a digital economy contribution to the Gross Domestic Product of at least 25.5% in the same year. Equinix’s expansion in Malaysia will unlock opportunities for Malaysian businesses expanding internationally and for multinational corporations pursuing growth and innovation in the Malaysian market. Malaysian companies will benefit from the ability to accelerate their evolution from traditional to digital businesses by rapidly scaling their infrastructure, easily adopting hybrid multi-cloud architectures, and interconnecting with strategic business partners within the Platform Equinix ecosystem of more than 10,000 customers.
Equinix’s expansion in Malaysia is in line with the My-DIGITAL initiative launched by the Malaysian Government, which aims to provide a blueprint for the country to accelerate the growth of digital products and services. This expansion marks Equinix’s second foray into ASEAN following the recently announced plans to expand into Indonesia, allowing the company to address digital infrastructure demand critical to the region’s digital growth.