Malaysia's 2027 Budget Allocates RM15 billion to Power Digital Infrastructure Growth
The 2027 budget earmarks RM15 billion for upgrading the national grid and extends green-tech tax breaks, while Equinix plans a new data centre in Cyberjaya.
Malaysia's 2027 budget includes a RM15 billion investment to modernise the national power grid and extends green-technology tax incentives through 2030, linking energy readiness to digital expansion. Cheam Tat Inn, managing director of Equinix Malaysia, said the company's planned KL2 data centre in Cyberjaya will cater to rising demand for artificial intelligence, cloud and enterprise digital ecosystems, offering high-performance, interconnected infrastructure.
He called for demand-led, responsibly managed growth with close cooperation among industry players, utilities and policymakers. Equinix's operations in Kuala Lumpur and Johor, together with its cross-border network spanning Malaysia and Singapore, position it to help businesses expand across ASEAN. The development of the Johor-Singapore Special Economic Zone further reinforces Malaysia's ambition to be a regional digital hub. Cheam reaffirmed the company's commitment to work with the government and partners to build resilient, sustainable, and globally connected digital infrastructure.
Why it matters
The funding ties energy upgrades to digital growth, crucial for Malaysia's AI and cloud ambitions and regional competitiveness.
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