<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 6): Bank Pembangunan Malaysia Bhd said on Wednesday it is providing financing totalling RM253.5 million for construction of a data centre in Cyberjaya, Selangor.</p></div>

<div class=newsTextDataWrapInner><p>The tawarruq asset financing facilities would back the construction of a so-called tier-three data centre by Pi Data Centre Sdn Bhd (PiDC), Bank Pembangunan said in a statement. The statement however did not provide further details of the data centre, such as the project's power consumption.</p></div>

<div class=newsTextDataWrapInner><p>"This project will not only pave the way for the development of robust digital infrastructure, but also facilitates the growth of digital workforce, which will enhance Malaysia's capabilities in digital innovation," said Bank Pembangunan chief executive officer Roni Abdulwahab.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Ong Chin Seong, CEO of PiDC and who is also the chairman of the National Tech Association of Malaysia also known as Pikom, said the data centre will "meet the highest standards of efficiency and performance but also serves as a catalyst for environmental sustainability and talent development".</p></div>


Bank Pembangunan Malaysia Bhd said on Wednesday it is providing financing totalling RM253.5 million for construction of a data centre in Cyberjaya, Selangor.

Bank Pembangunan to provide RM253.5 mil financing for data centre in Cyberjaya

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<p>Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>
