Malaysia is booming in the data centre industry. Investments have reached RM 76 billion from 2021 to March this year. Minister of Investment, Trade, and Industry, Zafrul Aziz, made this announcement. He spoke at the grand opening of the GDS NTP data centre campus in Malaysia.
The growth is significant. It aligns with the government’s goal. They want to make Malaysia a data centre hub in Asia. Minister Zafrul pointed out an amazing projection. The data centre market share in Malaysia is expected to grow. An average annual growth rate of 16% is forecasted. That means USD2.08 billion from 2021 to 2026.
Malaysia is attracting global data centre business. Minister Zafrul stated the reasons. They include proactive investor facilitation and cost-efficiency. Plentiful landbank and seamless connectivity to Asia also help.
The government has crafted a plan. It’s called the New Industrial Master Plan 2030 (NIMP2030). The Prime Minister will launch it by the end of the month. It’s a game-changer. Minister Zafrul explained that it would boost Malaysia’s economic complexity. It will also promote high-impact industrial growth through 2030.
The NIMP2030 focuses on five ‘economically complex’ industries. These will open doors to development opportunities. They will become cornerstones for economic complexity and GDP growth.
Digital transformation and connectivity are key. Minister Zafrul sees potential for Malaysian companies, especially MSMEs. They can tap into global opportunities. Digital platforms and data centres are enablers. They help companies expand revenue streams. They can thrive locally, regionally, and globally.
Amazon Web Services (AWS) has plans for Malaysia too. They revealed plans to invest 25.5 billion by 2037. AWS will launch an infrastructure region in Malaysia. It aims to help developers, start-ups, entrepreneurs, and more. It will also serve government, education, and non-profit organisations. This aligns with Malaysia’s ambition to be a data centre hub.
The demand for computing resources is rising. This includes green data centres and hyperscale capabilities. These are driving data centre expansion and modernization. The 2023 ISG report highlighted this for Singapore and Malaysia.
ISG’s principal consultant, Ben Rossiter, expressed optimism. Strong investments are turning Singapore and Malaysia into world-class markets. Expansion is expected.
Malaysia’s data centre industry is thriving. The investments and strategic plans promise a vibrant future. With government support and global interest, Malaysia is positioning itself as a key player in the Asian data centre landscape.
This news is based on Marketing Interactive.