KUALA LUMPUR: DPS Resources Bhd
said its wholly-owned subsidiary DPS Energy Sdn Bhd (DPSE) is exploring a partnership with Hangzhou Xinfengwei Network Technology Co Ltd to develop artifical general intelligence (AGI) data centre infrastructure projects in Melaka.
Xinfengwei is an associate company of Dingding (China) Information Technology Co, Ltd, an affiliate entity within Alibaba Group.
Pursuant to a memorandum of understanding (MoU) signed between the parties, DPSE will provide land, power supply, and supporting infrastructure for the project sites,
while overseeing regulatory approvals, government liaison, compliance requirements, and overall project management in Malaysia.
DPSE will retain ownership of the land and infrastructure assets.
Xinfengwei is expected to introduce global computing demand and potential customers, as well as undertake market development, technical operations, and day-to-day business management.
The company expects to arrive at agreements for the first phase of the project, comprising about 150MW to 180MW, with an estimated development cost of US$7.5mil (RM29.7mil) per MW.
Based on a 150MW capacity, this represents an indicative project value of approximately US$1.1bil.
"This MoU represents an important step in DPS’ strategy to unlock the long-term potential of our landbank and infrastructure capabilities in Melaka.
"By collaborating with Xinfengwei, we aim to explore opportunities in AGI data centre infrastructure, where demand for high-performance computing capacity continues to grow globally," said DPS Resources group chairman Tan Sri Sow Chin Chuan in a statement.
