Data centre company signing with foreign firms injects RM1bil FDI into Johor, says MB Onn Hafiz


JOHOR BARU: Johor will receive a major foreign direct investment boost as GDS Holdings announces RM1bil in investment and 5,000 potential job openings with the signing of memoranda of understanding (MoU) with five foreign companies.

Johor Mentri Besar Datuk Onn Hafiz Ghazi said GDS Holdings was a leading data centre company that had invested over RM14.3bil in Nusajaya Tech Park and Kempas Tech Park and created over 300 new job opportunities with 86% being Malaysians.

He added that he witnessed the signing of the MoUs during the GDS Data Centre Supply Chain Ecosystem Summit held at a hotel here on Sunday (Oct 27).

The Machap assemblyman said the ceremony witnessed the MoUs between GDS and five companies from China and Japan such as EPG Data Center Module, Longmotive, CoolTech Solution, Wasion Energy, and Morimatsu Dialog.

“This is GDS commitment to bringing its supply chain into Johor.

“I am pleased to note that through this GDS supply chain, it has opened more than 5,000 new job opportunities directly and indirectly to locals, with a total investment of up to RM1bil,” he said in a Facebook post.

Onn Hafiz also added that he hopes that the collaboration between both state and federal governments and industries in Johor will continue to be strengthened.

“This will ensure the state’s economic development to continue and ultimately benefit Johoreans and Malaysians as a whole,” he said.

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

Next In Nation

INTERACTIVE: Early warning signs of a landslide – here is what you need to look out for
Disaster risk higher as it gets wetter
Family of nine evacuated after landslide
KK Super Mart taking legal action against supplier
Cleaning bean sprouts to raise nine grandkids
Malaysia’s AI plans may be at risk from US policy shift
The day a community’s peace and quiet was shattered
In hot water over sandwiches
Rakyat must also know their rights, say criminal law experts
PM Anwar meets Emirati counterpart in Dubai

Others Also Read