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Khazanah’s arm to tap vast land holdings to power data centres
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Khazanah’s UEM fuels Malaysia’s $40B data center surge
Khazanah Nasional Bhd., Malaysia’s sovereign wealth fund, is focusing on its infrastructure branch, UEM Group Bhd., to utilize its extensive land assets to offer industrial space and clean energy required to support a data center based in Johor, said Managing Director Amran Hafiz Affifudin. This news follows recent reports that Johor attracted about 164.45 billion ringgit as of the second quarter, equivalent to around $40 billion in data center…
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