Equinix invests $5M in Cyberjaya, Malaysia for data center expansion to meet growing demand.
Equinix, a digital infrastructure firm, announced a $5M investment to acquire land in Cyberjaya, Malaysia for data center expansion. The new 14,300 sqm land complements their existing Kuala Lumpur facility and caters to various networks, cloud service providers, and enterprises. This move addresses Malaysia's rising demand for reliable data center services, with the country's market projected to expand at a 14% CAGR, reaching $3.97B by 2029.
July 29, 2024
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