Malaysia’s Data Centre Sector Eyes Triple Capacity By 2030
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Malaysia’s data centre industry is moving towards a more sustainable growth phase after several years of rapid expansion, with the country’s total capacity expected to more than triple by 2030, reports state.
S&P Global Ratings associate director of corporate ratings Spencer Ng said the expansion could create more than US$20 billion in funding needs for power infrastructure, data centre shells, equipment, and chips.
“The scale of growth is immense for the next few years,” Ng said during S&P Global Ratings’ Malaysia Credit Outlook: Geopolitics, Data Centres, And The Future Of Credit webinar.
He said Malaysia continues to hold a strong position in the regional data centre market despite rising costs, helped by its proximity to Singapore, extensive subsea cable…
