Johor bahru: JLand Group Sdn Bhd (JLG) has set its sights on securing investments of approximately RM40 billion over the next three years for the second phase of its data centre development project, StepWest. The ambitious target follows the strong investment interest garnered during phase one, StepEast.
According to BERNAMA News Agency, JLG group managing director Datuk Akmal Ahmad emphasized the robust projections for StepWest while speaking at the launch of Ibrahim Technopolis (IBTEC). This expansive 2,950-hectare development is anticipated to play a pivotal role in the Johor-Singapore Special Economic Zone (JS-SEZ). Akmal highlighted that StepWest marks an expansion of StepEast, situated within the IBTEC premises.
StepEast has already attracted over RM30 billion in investments from 11 international data centre investors from countries such as China, the United States, Singapore, and Malaysia. JLG expects IBTEC to significantly contribute RM37.2 billion to Malaysia’s gross domestic product (GDP) upon its completion in 2047.
In a separate statement, JLG outlined that IBTEC aims to elevate industries by integrating medtech, life sciences, advanced manufacturing, logistics, data centres, and agritech within a connected platform. With a focus on research and development, sustainable practices, and a robust digital infrastructure, IBTEC is poised to advance Johor’s industrial landscape towards more sophisticated, high-value activities.
The statement also highlighted JLG’s transformation from a traditional developer to a comprehensive real estate ecosystem orchestrator. During the launch, senior general manager Faezah Ayub stated that IBTEC will prioritize sectors such as robotics, data centres, life sciences, knowledge and training centres, research and development, machinery, food technology, logistics and warehousing, and biotechnology.
Additionally, IBTEC director Faizal Hussin announced plans to complete the LIVILAB building by 2030. Designed by Zaha Hadid Architects (ZHA), the 215,000 square foot facility will be a significant component of IBTEC’s infrastructure. JLG operates as the real estate and infrastructure arm of Johor Corporation (JCorp).