A Malaysian construction conglomerate is considering building a data center near Kuala Lumpur.

According to a filing with the Malaysian stock exchange Bursa Malaysia, Malaysian Resources Corporation Berhad (MRCB), which specializes in property development, acquired an 80 percent equity interest in Bukit Jalil Sentral Property Sdn Bhd (BJSP) for around RM 1.5 billion ($373 million).

MRCB Logo
– Malaysian Resources Corporation Berhad

The stake was previously held by the Employees Provident Fund Board (EPF), a Malaysian federal pension fund.

BJSP was formed as a joint venture between MRCB and EPF for the development and construction of a mixed development, but the filing states that the advent of the Covid-19 pandemic significantly disrupted business operations and made it difficult for the plan to proceed as agreed.

BJSP is the owner of three land parcels spanning 308,840 sqm (3.3 million sq ft) and valued at RM 2.06bn ($487m). Although all parcels are described as commercial land, one parcel is used as a recreational park, with the other two vacant.

All are located in Petaling District, which constitutes the western part of Greater Kuala Lumpur.

The management of MRCB said that it was “currently assessing and considering the feasibility of developing data centers on all or parts of the Lands,” but that it had “not submitted any application pertaining to data center development to the relevant authorities.”

MRCB added that “the inclusion of data center(s) in the development of the Lands has not been finalised and remains a future plan of the Group.”

Since MRCB’s plans are tentative, it is unclear what the planned data center will be optimized for. In contrast to Johor, which has attracted facilities designed for AI workloads, Greater Kuala Lumpur has traditionally serviced typical cloud demand.