MRCB Expands into Digital Infrastructure with RM2.1 Billion AI-Ready Data Centre in Bukit Jalil

Malaysian Resources Corporation Bhd (MRCB) is taking a significant step into the digital infrastructure sector through a planned RM2.1 billion AI-ready data centre development in Bukit Jalil, Kuala Lumpur. The project will be undertaken by Bukit Jalil Sentral Property Sdn Bhd (BJSP), a wholly owned subsidiary of MRCB Land Sdn Bhd.

Under a collaboration agreement with Perintis Akal Sdn Bhd (PASB), BJSP will act as the asset owner and master developer of the facility, while PASB will serve as the long-term tenant and operator under a proposed 10-year lease arrangement. PASB is a wholly owned subsidiary of PEMANDU Partners International.

The proposed facility will be developed on a 37,320 sq m leasehold site in Bukit Jalil and is designed to provide approximately 500,000 sq ft of built-up space with a 65 MW IT load capacity. The data centre will comply with Tier III standards established by the Uptime Institute and will feature advanced power and cooling systems tailored for artificial intelligence (AI) workloads, including GPU-intensive computing and AI accelerator platforms.

To support the project’s technical requirements, PASB has partnered with Inspur Communication Malaysia Sdn Bhd, which will be responsible for the construction, commissioning, maintenance and operational management of the facility.

The parties expect to finalise definitive agreements by the third quarter of 2026, with completion targeted in the fourth quarter of 2027. Upon completion, the project is expected to generate recurring rental income for MRCB through the long-term lease arrangement.

MRCB’s management has indicated that strong market demand already exists for the facility, with multiple expressions of interest received for the entire 65 MW capacity. The company also highlighted the potential for additional data centre developments within its remaining Bukit Jalil landbank as demand for digital infrastructure continues to grow.

Beyond this project, MRCB controls approximately 1,153 acres of urban land with an estimated gross development value (GDV) of RM33 billion, providing substantial opportunities for future expansion across both traditional property development and emerging digital infrastructure sectors.

Key Takeaways

This development demonstrates how traditional property developers are increasingly diversifying into high-growth sectors such as data centres and digital infrastructure. The project highlights the rising demand for AI-ready facilities driven by cloud computing, artificial intelligence and data processing requirements. For MRCB, the initiative not only unlocks value from its landbank but also creates a recurring income stream through long-term leasing, reducing reliance on conventional property sales. The strong interest from potential customers further reflects Malaysia’s growing attractiveness as a regional data centre hub and the increasing importance of digital infrastructure in the country's economic development.