November 21, 2023 - Nasdaq-listed digital infrastructure company Equinix Inc has invested a total of US$140 million (RM651 million) to construct two new International Business Exchange (IBX) data centres located in Cyberjaya and Johor’s Nusajaya.
Equinix Asia Pacific vice-president of corporate development Cyrus Adaggra said Malaysia would be a significant market for Equinix on a global scale and the company is committed to continue its investments and expansion in the country.
“When we enter a market, we do not exit. In our 25-year history, we have never ceased operations, except for regulatory reasons,” he said during a media roundtable session today.
“I laud the government’s approach, which focuses not only on bringing in data centres but also on leveraging us to foster digital economic development.
“Furthermore, the company plans to expand its ecosystem and encourage our multinational customers, numbering over 10,000, to establish a presence in Malaysia and offer their services to the local population,” he said.
Meanwhile, Equinix announced the appointment of Cheam Tat Inn as Equinix Malaysia’s managing director, effective immediately.
“Cheam will lead Equinix’s expansion and growth strategy in Malaysia, and he will report to Equinix Asia Pacific president Jeremy Deutsch.
“Cheam brings over three decades of experience in the information technology industry, having held key leadership roles at prominent technology companies,” the company said in a separate statement. – BERNAMA
