Infinaxis Data Centre Platform, a joint venture formed by a fund managed by Gaw Capital Partners and its partners, celebrated the groundbreaking of its first data centre project ——Infinaxis Data Centre in the tech hub of Cyberjaya.
The JV was formed in February 2023, to invest in greenfield assets across key markets in the Southeast Asia region, with the aim to create a portfolio of Tier-3 certified data centre assets.
Located in Cyberjaya, one of the largest IDC hubs in Malaysia, the seed investment consists of two greenfield sites with a combined plot area of 12,490 square meters. The business plan is to develop a 12 MW IT Load IDC facility with a GFA of 17,427 sqm on one of the plots. The construction is expected to be completed in Q2 2025. The IT capacity potentially will be doubled in the future, with the second plot to be developed as an expansion site. More than 80% of Phase 1 has been committed via signed leases and customer letters of intent prior to construction commencement, with the remaining space to be leased to wholesale colocation customers.
Kenneth Gaw, President and Managing Principal of Gaw Capital Partners commented, “We are thrilled to witness this remarkable moment of the groundbreaking of the inaugural infinaxis data centre with our esteemed guests, partners, and teams. It is a significant step for the Platform and a testament to our commitment to Malaysia’s growing digital economy. We believe in Malaysia’s growing economy and its potential and look forward to participating in fostering digital transformation in Malaysia and Southeast Asia.”
Asia represents one of the geographic frontiers in the data centre space with greater opportunities. The Gaw Capital data centre platform will also comprise data centres located in China, Indonesia, Japan, South Korea, Vietnam, and Malaysia.