KUALA LUMPUR: Sime Darby Property Bhd
has signed a new build-and-lease agreement with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of a multinational technology company, to develop additional data centre facilities.
In a statement, Sime Darby Property said the data centre facilities will be developed to meet customised specifications and infrastructure requirements, on a 77-acre site at Elmina Business Park.
These facilities will be located in proximity to Pearl Computing’s first data centre, which is currently under
construction and targeted for completion in early 2026.
Infrastructure development at the site is currently underway, with completion of construction targeted for 2027.
Following that, the parties will enter into a 20-year lease valued at up to RM5.6bil, with options to renew for two additional five-year terms.
Group managing director Datuk Seri Azmir Merican said this
agreement reflects Sime Darby Property’s ability to deliver, own and lease data centres that meet the demands of the global digital economy, exemplifying the technical sophistication and operational reliability required for mission-critical, complex infrastructure assets.
"The presence of these data centres in Elmina Business Park enhances Selangor’s attractiveness as a key digital hub for Malaysia, buoyed by Selangor’s well-developed infrastructure, business-friendly policies, and collaborative efforts of authorities," he added.
