Tropicana US$88m Johor Land Deal with NTT Data Group

NTT has acquired land in Malaysia’s southern Johor state for US$88m, from developer Tropicana, where it will build a new data centre.

Johor has attracted over 50 data centre projects, in the last two years alone. A project in Johor would be NTT’s first data centre in Malaysia’s south peninsular, adding to six facilities nearer to Kuala Lumpur. As a result, Malaysia has become one of APAC’s fastest-growing data centre markets.

NTT expands its global data centre network with new facilities, supporting growing digital economies

Not to be confused with the popular fruit drink, Tropicana Corporation Berhad, a real estate company, was incorporated in 1979. It has become one of Malaysia’s leading conglomerates with a hand in property development and investment. Tropicana is also investing in the future with digital platforms, such as the Tropicana 360 mobile app.

NTT Global Data Centers offers solutions to meet unique infrastructure requirements and believes in global expertise and innovative solutions for a connected future. In total, NTT Global Data Centers operates 95 data centres.

Clients can work securely, knowing that NTT’s uniquely tailored infrastructure give them the best practices in design and operations across all their scalable and customisable data centres.

NTT’s land purchase follows the opening of the group’s second data centre campus in India’s National Capital Region, with the company completing delivery of a 22.4MW facility as the first stage of the complex in Noida.

Noida 2 enhanced India’s footprint of NTT’s Global Data Centres platform, totalling 265MW from 18 facilities in Delhi NCR, Mumbai, Chennai and Bengaluru.

In Indonesia, NTT DATA announced it would construct a Jakarta 2 Annex Data Centre (JKT2A), which is set to be completed by 2026. JKT2A is designed to meet the needs of hyperscalers and enterprises to support the growing digital economy in Indonesia. This construction comes as part of NTT DATA’s US$10bn investment in data centre growth, which is projected to sky rocket between 2023-2027 in key markets across the globe.

Data centre expansion in Malaysia 

Johor, on Malaysia’s southern coast, is close to the Singaporean border. Johor’s growing data centre market is ready to accept overspill from its city-state neighbour.

Asia’s leading data centre provider is Princeton Digital Group (also known as PDG) which recently secured its first RM1.276 bn (US$280m) green loan for its 150MW AI-ready JH1 campus, in Sedenak Tech Park (STeP) also in Johor, Malaysia. The loan will be provided by the Joint Green Loan Coordinators Maybank, Standard Chartered Bank and UOB Malaysia and this financing is PDG’s first green loan aligned with its green finance framework. 

Check out where Princeton Digital Group was ranked in our Top 10 Colocation Providers in Asia. 

Earlier this year, Eco World sold land in Johor, Malaysia, to a local subsidiary of Microsoft, which will develop a data centre site there. This is just one of many data centre developments in Malaysia this year, as the country is becoming a hub of data activity. 

The undeveloped plot is in the Eco Business Park VI in Senai, Kulai District, north of Johor and was acquired for RM402.3m (US$85.2m). The local Microsoft unit is a wholly-owned subsidiary of Microsoft Ireland Operations Limited.

******

Make sure you check out the latest edition of Data Centre Magazine and also sign up to our global conference series - Tech & AI LIVE 2024

******

Data Centre Magazine is a BizClik brand