Equinix announces $40M investment in Malaysia

Equinix announced its market entry into Malaysia with plans to build a new International Business Exchange data center located in Johor, called JH1. With an initial investment of approximately $40M, JH1 is scheduled to begin operations in Q1 2024, providing 500 cabinets and 1,960 square meters of colocation space. The IBX data center will support Malaysian companies and multinationals doing business in Malaysia with access to Platform Equinix to bring together and interconnect the foundational digital infrastructure that powers their success. Malaysia’s digital economy is forecast to reach $34B in Gross Merchandise Value by 2025 with the country on course to achieve a digital economy contribution to Gross Domestic Product of at least 25.5% the same year. Equinix’s expansion in Malaysia will unlock opportunities for Malaysian businesses expanding internationally and for multinational corporations pursuing growth and innovation in the Malaysian market. Malaysian companies will benefit from the ability to accelerate their evolution from traditional to digital businesses by rapidly scaling their infrastructure, easily adopting hybrid multicloud architectures and interconnecting with strategic business partners within the Platform Equinix ecosystem of more than 10,000 customers.