KLSE (MYR): RANHILL (5272)
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probability
14,496 posts
Posted by probability > 2024-07-15 18:38 | Report Abuse
for those who missed this info earlier....
The State of the Nation: Investments in water need to keep pace with influx of data centres
https://theedgemalaysia.com/node/718243
I am going to be honest with you. Data centres are not environmentally sustainable,” admits an investor, who is setting up a data centre in Selangor. “And the only reason people come to Malaysia to invest is that Singapore doesn’t want data centres anymore.”
Malaysia has seen an influx of data centre investments over the last three years, coinciding with Singapore’s moratorium on the energy-guzzling boxes between 2019 and 2022. The moratorium was lifted last year.
Between 2021 and 2023, data centre investments approved by the Ministry of Investment, Trade and Industry (Miti) totalled RM114.7 billion, making up 79% of total approved digital investments during that period.
The influx is pushing Malaysia into becoming the region’s new data centre hub, catching up with Singapore.
One factor that could throw a spanner in the works, however, is water.
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Data from RSAJ shows that it has received applications for 439.67MLD of water between 2024 and 2035 from data centres. Of this amount, 316.38MLD have been supported, while the remaining 30.51MLD have yet to be supported by the water operator.