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AIMS Group to collaborate with Gamuda to build second data centre in Cyberjaya

AIMS Group to collaborate with Gamuda to build second data centre in Cyberjaya

08 May 2023

Data centre arm of TIME dotCom Bhd, AIMS Group will construct AIMS Cyberjaya Block 2 to meet the overwhelming demand for data centre space in Malaysia.

This is also in line with AIMS’ plan to accelerate the expansion of its data centre business across Asia, AIMS said in a statement on Monday (May 8), adding that the group will collaborate with Gamuda Engineering Sdn Bhd, a wholly-owned subsidiary of Gamuda Bhd, for the construction.

AIMS Cyberjaya Block 2 is a turnkey project featuring a purpose-built data centre with improved efficiency and building structure, and a total IT load of 8MW.

The construction is due to be completed by the end of 2023.

AIMS chief executive officer Chiew Kok Hin said that the group achieved more than 90% occupancy in AIMS Cyberjaya Block 1 in less than a year.

“This has accelerated our plans to expand our operational facilities in Malaysia with the construction of Block 2 to not only meet overwhelming response in the region, but also aligns with our initiative towards driving environmental, social and governance practices within the company and facilitating innovation in the industry,” said Chiew.

Gamuda’s “Next-Gen Digital IBS” solution, which employs IR 4.0 technology, will be used to construct AIMS Cyberjaya Block 2.

“Our Gamuda Next-Gen Digital IBS is a sustainable construction innovation that enables fast-tracked delivery and increased certainty for our business partners, leveraging our digital construction ecosystem from cloud-based design to AI-IoT-enabled robotic manufacturing. We are excited to be part of AIMS’ longer-term expansion plans,” Gamuda Engineering executive director Lim Hui Yan.

TIME dotCom shares gained at 0.18% or 1 sen to RM5.65, giving it a market capitalisation of RM10.39 billion, while Gamuda shares traded unchanged at RM4.10 sen, valuing the company at RM10.91 billion.

Source: The Edge Markets