SHAH ALAM: Selangor State Development Corporation’s (PKNS) unit Selangor Industrial Corporation Sdn Bhd (SIC) has inked a memorandum of agreement (MoA) with RDA Ventures Pte Ltd, a Singaporean investment company specialising in renewable and green energy, to develop data centres in Cyberjaya.
SIC chief executive officer Saharom Mohni said that under the MoA, three data centres would be built on a portion of 13.8-hectare land owned by PKNS in Cyberjaya, with an estimated development cost of RM1 billion.
He said the eight-year development project is expected to commence in the first quarter of next year, divided into three distinct phases.
The agreement was signed today by Saharom and SIC chief operating officer Mohd Roseli Abdul Ghani, while RDA Ventures was represented by managing director Raymond D’Cruz and advisor Lt-Gen (Rtd) Datuk William Stevenson.
Also present was PKNS chief executive officer Datuk Mahmud Abbas who witnessed the signing ceremony.
Saharom said the collaboration would entail SIC being responsible for attracting customers from state government offices and private companies, both locally and internationally, while RDA Ventures would contribute its expertise in the construction, maintenance and operation of the data centres.
“This collaboration is a strategic effort to fulfil the growing worldwide demand in the data centre industry, whereby both companies are committed to being the leaders in the technology sector, in addition to creating various job opportunities for the people,“ he told reporters after the MoA signing ceremony here.
Meanwhile, Mahmud said that following the deal, SIC would be able to explore a new domain, expanding the number of data centres in the country and positioning the company as one of the catalysts of Smart City in the Selangor Cyber Valley area.
“The new data centres will be developed based on the latest innovations, taking into account their optimal use of energy efficiency, latest durable design, cost-effectiveness and reliable facility management,“ he said.
The construction of the data centres, which employ “prefabricated modular” solutions, would be adapted to the customers’ current and future needs, besides utilising green energy and environmentally friendly design. - Bernama