Malaysian tycoon Jeffrey Cheah's Sunway Construction lands $655M Johor, Selangor data center contracts
Sunway Construction Group (SunCon), part of billionaire Jeffrey Cheah's Sunway conglomerate, has secured two contracts totaling RM2.66 billion (US$655.4 million) for data center projects in Malaysia's Johor and Selangor states.
KUALA LUMPUR: International tech giant has awarded Sunway Construction Group Bhd a massive RM1.74 billion contract to construct a data centre in Serendah, Selangor. The contract award was made to the construction firm's wholly-owned subsidiary, Sunway Construction Sdn Bhd. The deal encompasses the building of the site's core and shell, campus infrastructure, and mechanical, electrical, and plumbing installations.
The project's construction is set to begin in the fourth quarter of 2026 (Q4 FY26), with completion expected by the fourth quarter of 2028 (Q4 FY28).
Sunway Construction Group has secured RM9.8 billion in new orders during the current financial year, bringing its total outstanding order book to RM13.4 billion. The group acknowledged that the project, like all construction projects, is subject to normal construction-related risks, including potential price fluctuations in materials. However, the company is confident in its ability to navigate these challenges due to its extensive experience in handling construction projects.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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