Digital infrastructure firm Equinix, Inc. at present introduced its entry into the Malaysian market. The corporate revealed it plans to construct a brand new Worldwide Enterprise ExchangeTM (IBX®) knowledge centre positioned in Johor, referred to as JH1.
In accordance with the official announcement, Equinix will make an preliminary funding of $40 million. The JH1 is deliberate to start operations within the first quarter of 2024 with 500 cupboards and 1,960 sq. meters of colocation area.
Datuk Onn Hafiz Ghazi, Chief Minister of Johor, mentioned:
Whereas the digital financial system represents a catalyst for the Malaysian financial system, knowledge facilities are integral in supporting digital ecosystems and their sustained development. We welcome this funding by Equinix, together with the worldwide experience they convey to Johor, in addition to the wealthy digital experiences and outcomes that may profit this state and the nation. We’re wanting ahead to working collectively, in remodeling Malaysia right into a digitally pushed, high-income nation on the forefront of this area’s digital financial system.
Jeremy Deutsch, President, Asia-Pacific, Equinix, commented:
Establishing a presence in Johor strengthens Equinix’s management place in Asia-Pacific inside a strategic market similar to Malaysia, probably the most requested markets in Asia-Pacific by our international prospects. I wish to categorical our gratitude to the Digital Funding Workplace (DIO), Make investments Johor, and Tenaga Nasional Berhad (TNB) for his or her help and help. We stay up for deepening our collaboration by means of future growth, maximizing native companies’ digital development potential with wealthy digital experiences and outcomes.
The brand new knowledge centre in Johor brings the entire variety of Equinix’s knowledge centres to 245 throughout 32 international locations. The agency at present has 51 knowledge centres within the Asia-Pacific area in throughout Australia, China, Hong Kong, India, Japan, Korea and Singapore. As well as, Equinix highlighted that it plans to broaden in Chennai in India, and Jakarta in Indonesia.
Equinix lately introduced its monetary outcomes for the third quarter of 2022, reporting internet revenue of $212 million.
