Fahmi: UAE luxury real estate developer DAMAC Group plans to set up RM250m data centre in Cyberjaya

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Fahmi: UAE luxury real estate developer DAMAC Group plans to set up RM250m data centre in Cyberjaya
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DUBAI, Oct 18 — DAMAC Group, a luxury real estate developer in the United Arab Emirates (UAE), is planning to establish a data centre in Malaysia with an investment value of...

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Communications and Digital Minister Fahmi Fadzil said the data centre will be focusing on retail and enterprise customers. Fahmi said DAMAC has also secured land in Indonesia and Thailand for the proposed data centre investment and is focusing on Malaysia for the upcoming investment.The DAMAC Group focuses on investments in private equities, mergers and acquisitions and holds major and minority holdings in public listed companies and industries like luxury fashion, real estate, hospitality and manufacturing.

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