Malaysia is poised to become the ASEAN Hub for data centres. Market insiders reveal that Malaysia is currently the top choice in Southeast Asia for energy-efficient data centre investments.
In 2022, the sector consumed 113 megawatts of energy, but with increased investments attracted by lower land, energy, and labour costs compared to Singapore, it could surge to 1,000 megawatts within five years.
To support this growth, TNB has signed electricity supply agreements with eight data centres, securing 2,000 megawatts. Insiders predict total demand from data centres could reach 7,000 megawatts by 2035.
https://buff.ly/41U84GZ
#PEGH #Investing #Investments #Malaysia #FinancialLiteracy #PotentialExcelerateGroupHolding #ASEANHub #DataCentreInvestment #Electricity #TechnologyHub
In 2022, the sector consumed 113 megawatts of energy, but with increased investments attracted by lower land, energy, and labour costs compared to Singapore, it could surge to 1,000 megawatts within five years.
To support this growth, TNB has signed electricity supply agreements with eight data centres, securing 2,000 megawatts. Insiders predict total demand from data centres could reach 7,000 megawatts by 2035.
https://buff.ly/41U84GZ
#PEGH #Investing #Investments #Malaysia #FinancialLiteracy #PotentialExcelerateGroupHolding #ASEANHub #DataCentreInvestment #Electricity #TechnologyHub