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Market Chatter: Australian Data Center AirTrunk to Inject Further MYR Billion in Malaysia

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-- Australia's AirTrunk will raise its investment in Malaysia by an additional 12 billion ringgit this year, lifting its total committed investment to 27 billion ringgit, The Star reported Wednesday, citing Prime Minister Anwar Ibrahim.

The announcement followed a courtesy visit on Wednesday by AirTrunk founder and CEO Robin Khuda and his delegation, where discussions focused on ongoing data centre developments in Johor, Malaysia.Talks also covered a localization framework to expand participation of Malaysian firms in the data centre value chain, reportedly.

Anwar said the commitment shows strong investor confidence in Malaysia as a regional digital hub, supported by continued policy improvements and streamlined approvals, the news outlet said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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