Equinix Invests More Than US$100 Million for 2nd Data Center in Malaysiaby Fintech News Malaysia June 12, 2023 0 comments
American multinational company Equinix plans to open a data center in Kuala Lumpur in Q1 2024 following its expansion announcement last year to enter Malaysia with one in Johor.
This will mean an additional investment of more than US$100 million to help businesses capitalise on the country’s digital transformation and economic growth.
The new facility in Kuala Lumpur, named KL1, will be located in Cyberjaya within Kuala Lumpur. The first phase of KL1 will provide an initial capacity of 450 cabinets and colocation space of 1,300 square meters.
When fully built, it will provide a total of 900 cabinets and colocation space of 2,630 square meters.
KL1 will enable global networks, content providers and enterprises to exchange high volumes of internet traffic via Equinix Internet Exchange.
Equinix’s expansion is expected to provide greater digital infrastructure capacity in Malaysia to address rising demand from local and global companies expanding in the country.
In Asia-Pacific, Equinix currently operates 51 data centers in 13 metros across Australia, China, Hong Kong, India, Japan, Korea and Singapore, with expansions announced in Indonesia as well.
Jeremy Deutsch, President, Asia-Pacific, Equinix said,
“By expanding Platform Equinix in the two most strategic metros in Malaysia, we will enable Malaysian businesses, as well as multinationals with a presence in Malaysia, to leverage a trusted platform to bring together and interconnect the foundational infrastructure to power their success.
We believe the two data centers will fuel Equinix’s existing data center momentum and support Malaysia’s aspirations as a digitally driven connectivity hub.”