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  • Written by Media Outreach
SINGAPORE/KUALA LUMPUR, MALAYSIA - Media OutReach - 26 October 2023 - Infinaxis Data Centre Platform, a joint venture formed by a fund managed by Gaw Capital Partners and its partners, celebrated the groundbreaking on 25 October as it officially marked the commencement of its first data centre project ——Infinaxis Data Centre in the tech hub of Cyberjaya.

From left to right: 1. Director and Head of Division of MDEC: Wan Murdani； 2. President and Managing Principal of Gaw Capital Partners: Kenneth Gaw； 3. Deputy Minister of Communications and Digital: Teo Nie Ching; 4. CEO of Infinaxis Data Centre: Zahri Mirza; 5. Founder and Partner of A3 Capital: Amos Ong; 6. Executive Director of Investment Promotion of Malaysian Investment Development Authority (MIDA): Najihah Abadi.

Infinaxis Data Centre Platform was formed in February 2023, to invest into greenfield assets across key markets in the Southeast Asia region, with the aim to create a portfolio of Tier-3 certified data centre assets.

Located in Cyberjaya, one of the largest IDC hubs in Malaysia, the seed investment consists of two greenfield sites with a combined plot area of 12,490 square meters. The business plan is to develop a 12 MW IT Load IDC facility with the GFA of 17,427 sqm on one of the plots. The construction is expected to complete in Q2 2025. The IT capacity potentially will be doubled in the future, with the second plot to be developed as an expansion site. More than 80% of phase 1 has been committed via signed leases and customer letters of intent prior to construction commencement, with the remaining space to be leased to wholesale colocation customers.

Kenneth Gaw, President and Managing Principal of Gaw Capital Partners, commented, "We are thrilled to witness this remarkable moment of groundbreaking of the inaugural infinaxis data centre with our esteemed guests, partners and teams. It is a significant step for the Platform and a testament to our commitment to Malaysia's growing digital economy. We believe in the Malaysia's growing economy and its potential and look forward to participating in fostering digital transformation in Malaysia and Southeast Asia."

Asia represents as one of the geographic frontiers in the data centre space with greater opportunities. The Gaw Capital data centre platform will also comprise data centres located in China, Indonesia, Japan, South Korea, Vietnam and Malaysia.

Hashtag: #GawCapitalPartners

The issuer is solely responsible for the content of this announcement.

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