Big Data

Digital Decarbonization Solutions Platform (DDSP), a developer of hyperscale digital and decarbonized energy infrastructure across Asia-Pacific, has completed a $283 million green financing for a hyperscale data center campus in Johor, Malaysia, incorporating AI-ready liquid cooling technology.

U Power Limited's controlled joint venture, Hydro Data JV, will collaborate with regional infrastructure developer CEWA Group and hydrogen systems provider Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. to develop an integrated energy solution for a 100-MWdata center project in Rayong, Thailand.

Taiwan-based TECO Electric & Machinery will acquire a majority stake in Malaysian engineering firm Dynaciate, in a deal worth MYR200 million ($50.8 million), as part of its expansion into Southeast Asia’s AI data center infrastructure market.

Singapore-based Mapletree Industrial Trust (MIT) will divest from a data center property in Philadelphia, Pennsylvania, the United States for $14.5 million.

Despite positive spillovers to economic growth and employment, several challenges lie ahead, such as natural resource constraints, limited domestic value added, and questionable impact on long-term employment, the ASEAN+3 Macroeconomic Research Office (AMRO) said Wednesday.

NEXTDC Limited, an Australia-based digital infrastructure provider, has on Thursday announced the official launch of KL1 Kuala Lumpur, its first international data center with $720 million, establishing a strategic platform to support the rapid growth of artificial intelligence (AI), cloud computing and digital services across Southeast Asia.

LS Eco Energy, under South Korean chaebol LS Group, will supply power cables for a large-scale AI data center project in Vietnam developed by telecommunications giant Viettel Group

Data center infrastructure spending is still accelerating in Malaysia, with capacity pipeline in the country expected to reach 7.5GW over the next five to ten years, Maybank Investment Bank said on Monday.

Asia Pacific (APAC) data center growth will remain strong through 2028, but future capacity expansion is expected to become increasingly concentrated in markets and operators capable of supporting artificial intelligence (AI)-grade workloads, large-scale financing and execution discipline, BMI Country Risk and Industry Research said Monday.

Equinix, Inc., the global digital infrastructure company, has on Tuesday announced plans to expand its presence in Malaysia with a new data center, KL2, in Kuala Lumpur with over $190 million investment.