Data centres to lift earnings for builders and power suppliers


UOBKH Research expects five gigawatts (GW) of new plants by 2030 and another 10GW-15GW by 2040.

PETALING JAYA: UOB Kay Hian Research (UOBKH) Research believes the aggressive setting up of data centres in Malaysia and the country’s net-zero ambition offer ample opportunities for power players to expand their businesses.

“In essence, the potential power crunch arising from the data-centre boom implies the government may rethink its power supply plans, which we believe may lead to new power plants in Peninsular Malaysia,” the research house said.

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