en.Wedoany.com Reported - Singapore-headquartered DayOne plans to invest over S$8.9 billion (approximately US$6.9 billion) cumulatively in Malaysia by the end of this year, while doubling its direct local workforce to 1,200 employees.
According to an official statement from DayOne, the company expects its employee count in Malaysia to account for more than half of its total headcount within the year. The expansion plan is also projected to drive the supply chain ecosystem, creating over 5,000 indirect jobs. DayOne did not disclose its existing investment stockpile in Malaysia or a specific list of projects.
Formerly known as GDS International, DayOne was spun off from GDS Holdings in 2024 and focuses on the data center market in the Asia-Pacific region. The company is headquartered in Singapore, with operations spanning Hong Kong (China), Singapore, Malaysia, Indonesia, and other locations. Malaysia is becoming a hotspot for data center investment in Southeast Asia, as capital accelerates its flow to southern regions like Johor following Singapore's moratorium on new data center projects due to land and power constraints.
[Editor's Note] Google, Microsoft, and Nvidia have all announced data center-related investment plans in Malaysia in recent years. In 2024, Google committed to investing $2 billion in building data centers and a cloud region; Microsoft planned a $2.2 billion investment for AI and cloud computing infrastructure construction.
DayOne did not disclose the specific allocation or construction timeline for the $6.9 billion investment. According to industry standards, the construction cost per megawatt (MW) for a data center ranges from approximately $800,000 to $1.2 million, meaning $6.9 billion could support an IT load capacity of roughly 6,000 to 8,000 MW.
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