China-based information technology company GDS Holdings Ltd is set to expand its business in Johor, Malaysia, according to Johor Menteri Besar Datuk Onn Hafiz Ghazi. The company, a prominent data centre operator, has already invested RM14.33 billion in the state by establishing two data centres in the Nusajaya Tech Park and Kempas Tech Park.
Expressing his satisfaction with GDS Holdings’ commitment to Johor’s business landscape, Hafiz highlighted the company’s confidence in Johor’s potential to become a competitive artificial intelligence hub.
During a meeting between the Johor government delegation and GDS Holdings in the Shenzhen Special Economic Zone, China, valuable insights into the company’s business framework were gained.
Hafiz commended GDS Holdings’ vision and business model in developing data centres, which have contributed to China’s reputation as a smart nation and a digital economy powerhouse.
With over 100 data centre projects across Asia, GDS Holdings ranks ninth among the top 250 data centre companies worldwide in 2024.
The establishment of the Johor-Singapore Special Economic Zone is expected to further bolster Johor’s appeal to investors, potentially attracting more high-impact investment packages to the state.
Hafiz expressed confidence in Johor’s ability to emulate Shenzhen’s success as a leading global investment hub.
“With the establishment of the Johor-Singapore Special Economic Zone, I am confident that Johor can attract more investors to the state and create high-impact investment packages, besides emulating Shenzhen as a leading global investment hub,” he said.
