IFC, consortium commit over US$900mil in financing to data centre in Malaysia


KUALA LUMPUR: The International Finance Corporation (IFC) and a consortium of six international financial institutions have committed more than US$900 million (US$1 = RM4.50) in financing to Yondr Group’s hyperscale data-centre campus in Malaysia, said the World Bank Group.

IFC is the largest global development institution focused on the private sector in emerging markets and a member of the World Bank Group.

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