Equinix plans to open its first data centre in Kuala Lumpur in Q1 2024. The move is driven by strong cloud growth and e-commerce adoption, as well as its continued investment in 5G.
According to Synergy Research, Malaysia is the third largest data centre colocation market in Asean, with expected compound annual growth rate (CAGR) of about 11 percent from 2022 to 2027.
Equinix’s expansion is expected to provide greater digital infrastructure capacity in Malaysia to meet rising demand from local and global companies expanding in the country.
Called KL1, the new facility aims to accelerate the digital vision laid out in the government’s MyDIGITAL blueprint to establish Malaysia as a hub for colocation in Asean and a regional digital economic powerhouse. Scheduled to open in Q1 2024, the first phase will provide an initial capacity of 450 cabinets and colocation space of 1,300 square metres. When fully built, it will provide a total of 900 cabinets and colocation space of 2,630 square metres.
“Over the past several years, we have witnessed Malaysia emerge as an increasingly strategic location for global digital infrastructure, and we believe it to be an attractive destination for data centre growth and investment,” said Jeremy Deutsch, President of Asia-Pacific at Equinix.
In Asia-Pacific, Equinix operates 51 data centres in 13 metros across Australia, China, Hong Kong, India, Japan, Korea, and Singapore, with expansions announced in Indonesia and Malaysia.
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