MRCB enters data centre business with RM2.1bil Bukit Jalil project

KUALA LUMPUR: Malaysian Resources Corporation Bhd’s (MRCB) indirect wholly-owned subsidiary, Bukit Jalil Sentral Property Sdn Bhd (BJSP), is making a foray into the digital infrastructure sector.

BJSP in collaboration with Perintis Akal Sdn Bhd (PASB) will develop an artificial intelligence (AI)-ready data centre in Bukit Jalil, with an estimated gross development cost of RM2.1 billion.

In a statement today, the property and construction company said BSJP, owner of a 3.73-hectare (9.22-acre) leasehold site, is the asset owner and master developer of the proposed development.

MRCB group managing director Imran Salim said the collaboration marks a major milestone for the group, positioning it at the forefront of the rapidly expanding high-performance computing and AI ecosystem.

“Beyond establishing a footprint in a high-growth sector, the project will ensure a steady stream of long-term recurring income via a 10-year lease structure, significantly enhancing the asset value of our land in Bukit Jalil.

“MRCB has already received multiple expressions of interest to offtake the 65 MW of IT load capacity, indicating further data centre development opportunities on the remainder of our Bukit Jalil land bank being a strong possibility,” he said.

To ensure smooth project execution, PASB has partnered Inspur Communication Malaysia Sdn Bhd, a Chinese cloud computing and big data services provider, for the construction, commissioning, maintenance and operation of the facility.

The parties expect to finalise and execute the definitive agreements by the third quarter of 2026, with the entire facility targeted for completion by the fourth quarter of 2027.