Cypark inks deal to develop German Technology Park


Cypark executive chair Datuk Ami Moris.

PETALING JAYA: Cypark Resources Bhd had inked a memorandum of agreement with Melaka Corp (MCORP) and Jakel Capital to jointly explore and develop energy solutions for the German Technology Park (GTP) in Melaka.

According to a statement, the park is expected to generate 1,000 megawatt of solar generated electricity over the next five to seven years and will include a dedicated section for data centres.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read