DATA CENTRE NEXUS 2025 POWERS UP MALAYSIA'S DIGITAL FUTURE

KUALA LUMPUR, May 8 (Bernama) -- The Malaysian Investment Development Authority (MIDA) has hosted Data Centre Nexus 2025, bringing together 400 stakeholders from across the digital ecosystem to reimagine Malaysia’s role in the global data economy.

In a statement today, MIDA said the landmark event was designed to foster collaboration, strengthen Malaysia’s local supply chain and address critical gaps in the data centre ecosystem.

"It also explored policy enablers for digital transformation and championed cloud adoption as a catalyst for innovation and economic resilience.

"The event also featured presentations from Amazon Web Services (AWS), Google, Princeton Digital Group (PDG), K2 Strategic Infrastructure Malaysia, YTL Data Centres, DayOne Data Centers, OCBC Bank, and HSBC Bank," it said.

MIDA said seven high-impact panel sessions explored topics such as scaling data centres, building resilient digital infrastructure, AI-driven innovation, and leveraging regional opportunities for local economic benefits.

In his keynote address, Deputy Investment, Trade and Industry Minister Liew Chin Tong urged stakeholders to collaborate and achieve multiple wins for Malaysia.

"The three missions of the data centre sector should be to lead the way in energy transition, invest in a Malaysian equipment supply chain to create a ‘Build by Malaysia’ era and create data centre service jobs for Malaysia and the region across the sector’s whole value chain," he said.

MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said MIDA is also focusing on creating value within the local ecosystem although attracting investment is important.

"Our immediate focus is resolute, to establish a resilient, Malaysian-grown local supply chain that directly fuels the expansion of our vital data centre infrastructure amidst global uncertainties.

"The presence of supply chain companies here today signals the strength and direction of Malaysia's growing digital ecosystem," he said.

MIDA added that Malaysia’s data centre market is projected to grow from US$4.04 billion in 2024 to US$13.57 billion by 2030, driven by a 22.38 per cent annual growth rate.

-- BERNAMA