I-Bhd's i-City project in Shah Alam will be the first commercial development in Malaysia to boast of three world class datacenters following a strategic alliance forged with Kompakar Inc Bhd, an integrated solutions provider. At the agreement signing, Kompakar chief executive officer Dr Ahmad Fikri Hussein said Kompakar had decided to become one of the anchor tenants in Selangor's first digital city.
"We are investing and will be providing world class datacenter service expertise in the design, set up, management and operation of the datacenter equipment and facilities. I-Bhd deputy chief executive officer Lim Boon Siong said I-Bhd planned to invest close to RM50mil in the datacenters based on the company's business plan and projected demand.
The datacenters comprise a 3,500 square foot hosting facility catering to local small and medium enterprises and two 70,000 square foot world-class Tier 4 purpose-built ready datacenter catering to global information and communications technology companies. Al Raji Bank (Malaysia) agreed Monday to purchase 36 units of i-City Cybercentre 1 office suites for RM95mil.
The purchase accounted for 80% of the units completed in the first phase of i-City, a RM2bil township on 72 acres in Section 7, Shah Alam.
On the balance units that I-Bhd said it would hold for local information and communications technology companies, director Eu Hong Chew said long-term investment had always been part of the company's commitment to nurture the information technology industry. In terms of investor response, Lim said besides the Middle East, i-City had received tremendous response from Australia and South Korea, although talks were still at the preliminary stage.