Data centre company signing with foreign firms injects RM1bil FDI into Johor, says MB Onn Hafiz


JOHOR BARU: Johor will receive a major foreign direct investment boost as GDS Holdings announces RM1bil in investment and 5,000 potential job openings with the signing of memoranda of understanding (MoU) with five foreign companies.

Johor Mentri Besar Datuk Onn Hafiz Ghazi said GDS Holdings was a leading data centre company that had invested over RM14.3bil in Nusajaya Tech Park and Kempas Tech Park and created over 300 new job opportunities with 86% being Malaysians.

He added that he witnessed the signing of the MoUs during the GDS Data Centre Supply Chain Ecosystem Summit held at a hotel here on Sunday (Oct 27).

The Machap assemblyman said the ceremony witnessed the MoUs between GDS and five companies from China and Japan such as EPG Data Center Module, Longmotive, CoolTech Solution, Wasion Energy, and Morimatsu Dialog.

“This is GDS commitment to bringing its supply chain into Johor.

“I am pleased to note that through this GDS supply chain, it has opened more than 5,000 new job opportunities directly and indirectly to locals, with a total investment of up to RM1bil,” he said in a Facebook post.

Onn Hafiz also added that he hopes that the collaboration between both state and federal governments and industries in Johor will continue to be strengthened.

“This will ensure the state’s economic development to continue and ultimately benefit Johoreans and Malaysians as a whole,” he said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Malaysia, Vietnam elevate bilateral relations to comprehensive strategic partnership
Vehicles in viral video given summonses for parking too close to bus stop, Ipoh cops say
Eight people in single car die in collision with 4WD in Sibu
Company director loses RM34,000 in scam to supply non-existent Agriculture Department order
Girl among three killed, baby hurt after family of four on motorcycle crash into lorry
Water levels at three major Kelantan rivers surpass alert levels
Scheduled water cuts to seven Penang Island areas Nov 28-29
Kyiv accuses Russia of launching intercontinental ballistic missile attack
Firemen rescue 40 people trapped by water surge in Kelantan
Female engineer charged in court for using position to award tender

Others Also Read