Investment & Expansion
Mida must follow approvals through to project implementation, says Zafrul
Approved investments totalled RM218.50 billion for the first half of 2026, with more than 99,000 job opportunities expected, according to its chairman.
Approved investments totalled RM218.50 billion for the first half of 2026, with more than 99,000 job opportunities expected, according to its chairman.
The conditional transaction is expected to close in the second quarter of 2027, subject to unforeseen circumstances.
BofA Global Research estimates IT accounts for 78% of data centre construction spending, with servers the largest cost component.
The developer is keeping its RM371 million FY2027 launch plan, with scope to accelerate projects if market conditions improve.