CIMB Research said it was upbeat on a structural shift in water demand from special economic corridors and industrial zones driven by the rapid expansion of data centre campuses and upcoming industrial facilities in Johor.
KUALA LUMPUR: CIMB Research expects spillover opportunities for contractors and pipe suppliers if the National Water Services Commission’s (SPAN) call for the data centre industry to shift towards alternative water resources is implemented.
The research house said it was upbeat on a structural shift in water demand from special economic corridors and industrial zones, including the Johor-Singapore Special Economic Zone, driven by the rapid expansion of data centre campuses and upcoming industrial facilities in Johor.
