US-based Vantage Data Centers Plans Additional US $3b Investment Into Cyberjaya; The City Also Welcomes New Tech Ecosystem Partner, Leave A Nest On Its 26th Anniversary

US-based Vantage Data Centers Plans Additional US $3b Investment Into Cyberjaya; The City Also Welcomes New Tech Ecosystem Partner, Leave A Nest On Its 26th Anniversary
US-based Vantage Data Centers Plans Additional US $3b Investment Into Cyberjaya; The City Also Welcomes New Tech Ecosystem Partner, Leave A Nest On Its 26th Anniversary

Cyberjaya, 16 May 2023 — US-based hyperscale data centre provider Vantage Data Centers will double down its commitment in Cyberjaya with a planned investment of an additional US$3 billion (RM13.32 billion) to build a second data centre campus, solidifying the city’s position as the top location in Malaysia for data centre investors.

Vantage signed an agreement with Cyberview, the tech hub developer of Cyberjaya, to formalise the investment, which was announced at the Cyberview Hari Raya open house and 26th Anniversary celebration.

Vantage is in its final stages of acquiring 35 acres to develop a data centre mega campus, named KUL2, which will consist of 10 data centres with 256MW of IT capacity across 2.75 million square feet once fully developed. The company is also expanding its first campus with a fourth 16MW facility that is currently under development. Combined, both campuses will deliver a total of 287MW of IT capacity to meet the demands of hyperscalers, cloud providers and large enterprises.

As part of its ongoing efforts to enhance the technology and innovation ecosystem in Cyberjaya, Cyberview also signed a Memorandum of Understanding (MoU) with Leave a Nest Malaysia (LVNS), a subsidiary of a Japan-based science venture company.

With support from Cyberview and 18 local players, including MNCs from various sectors and government agencies, LVNS aims to generate RM100 million in economic impact through its development programmes. It will include several signature initiatives in Cyberjaya, such as the Center of Garage Malaysia, a knowledge-based tech development initiative that is aimed at supporting startups in Malaysia as well as the region.

Both signing ceremonies were witnessed by Fahmi bin Fadzil, Minister of Communications and Digital.

Fahmi bin Fadzil, Minister of Communications and Digital said, “I am proud that Knight Frank recognised Malaysia as the premier destination for data centre investment in Southeast Asia, thanks in part to our strategic location, stable political environment, and robust digital infrastructure. With Cyberjaya leading the way as a top choice for data centre investments in the country, Malaysia’s tech industry is set for a bright future. As demand for connectivity and digital services continues to rise, data centres will play an increasingly critical role in powering our digital economy. In addition to strong infrastructure, a thriving ecosystem of innovation will be a key enabler of growth in this rapidly evolving industry.”

Dr. Mohd Hafiz bin Ibrahim, Acting Managing Director of Cyberview said, “The agreement with Vantage marks an important milestone for Cyberjaya and sets the stage for the city as an ideal location for hyperscale data centre providers. Currently, 90 per cent of colocation providers in Malaysia are based in Cyberjaya, leveraging our world-class infrastructure with dark fibre connectivity.”

“In addition to enhancing Cyberjaya’s infrastructure, our collaboration with Leave a Nest Malaysia will also reinforce the culture of innovation that we are fostering in the city. This partnership will not only benefit the startup community but will also contribute to the growth and development of the entire technology and innovation ecosystem. Guided by the Cyberjaya master plan, we are committed to further enhancing the city’s infrastructure to meet the growing demands of hyperscale data centre players and the wider tech sector,” he added.

“Vantage has been expanding our footprint in Malaysia since we entered into the dynamic Asia-Pacific market. Our positive experience in Cyberjaya has encouraged us to take further steps to advance the city’s digital infrastructure by building our largest hyperscale campus in the region,” said Giles Proctor, Chief Operating Officer of Vantage’s APAC business.

“With exciting opportunities ahead, Vantage is committed to driving innovation, sustainability and growth in the region to meet the demands of both global and local customers.”

Yukihiro Maru, Group Chief Executive Officer, Leave a Nest Group commented, “Since 2015, Leave a Nest is building a Deep Tech ecosystem in Malaysia with the great support and collaboration from government, local corporations, universities and the ecosystem players. Cyberview is one of the agencies that’s always supporting our initiatives. Through this MOU signing, we hope to strengthen the collaboration with Cyberview to make Cyberjaya as the hub of Innovation not only for Malaysian startups but also to bring more global startups within the Leave a Nest networks to be based here in Cyberjaya and accelerate their regional expansion from Malaysia.”

The Digital Investment Office by the Malaysia Digital Economy Corporation (MDEC) and Malaysian Investment Development Authority (MIDA) played a key role in facilitating these investments.

Mahadhir Aziz, Chief Executive Officer of Malaysia Digital Economy Corporation (MDEC) said, “With Vantage Data Centers’ investment in Malaysia, we are one step closer towards our goal of firmly establishing Malaysia as the digital hub of ASEAN. The Malaysia Digital (MD) national strategic initiative aims to transform the nation’s digital capabilities, enhancing our value proposition to attract digital investments and boost the digital economy. We are committed to supporting Vantage’s presence here and the growth of the nation’s data centre industry via various PEMANGKIN initiatives. Vantage’s new data centre not only strengthens Malaysia’s digital infrastructure but also accelerates our ongoing digital transformation. This move signifies continued confidence in Malaysia’s robust and enabling data centre ecosystem, digitally skilled talent, and world-class infrastructure.”