Shopee parent company Sea Ltd., has committed to expanding its investments in Malaysia and potentially creating more than 2,000 direct jobs in the process.
The announecemnt was shared by MITI Minister Tengku Zaafrul who made an official visit to Sea and Shopee’s headquarters in Singapore, the company said its proposed expansion plans in Malaysia, involved the setting up of cloud services, data hosting, and processing, as well as a new logistics e-commerce warehouse. The cloud computing project will be located in a three-story green facility in Kulai, Johor, with 24 data hall suites, M&E rooms, office space, as well as storage and parking facilities, targeted to be completed by the first quarter of 2024.
Additionally, its Shopee e-commerce platform will also expand its footprint in Malaysia through a newly-constructed mega warehouse located at Bukit Raja, Klang. The two-storey, 1.4-million-square-foot warehouse is an integrated hi-tech logistics park equipped with cloud infrastructure. The warehouse will be among the biggest logistics warehouses in Malaysia. Both projects are expected to create more than 2,000 direct job opportunities.
During the three-day investment mission, the Minister will also have one-on-one business meetings with the Yondr Group, a global leader in a data centre, and INSEACT, a Singapore-based alternative protein company specialises in producing sustainable insect protein for aquaculture (shrimp farming). To date, Singapore is the second largest investor in the manufacturing sector in Malaysia with a total of 3,475 manufacturing projects in operation with investment amounting to RM96.36 billion (USD25.4 billion).
