MRCB to Develop RM2.1 Billion AI-Ready Data Centre in Bukit Jalil

“MRCB will develop a RM2.1 billion AI-ready data centre in Bukit Jalil with 65MW capacity, marking the group’s entry into Malaysia’s digital infrastructure sector.”

Kuala Lumpur, 18th June 2026, 02.15pm – Malaysian Resources Corporation Bhd (MRCB) is expanding into the digital infrastructure sector with plans to develop a RM2.1 billion AI-ready data centre in Bukit Jalil.

The project will be undertaken through Bukit Jalil Sentral Property Sdn Bhd (BJSP), a wholly owned subsidiary of MRCB Land Sdn Bhd, following the signing of a collaboration agreement with Perintis Akal Sdn Bhd (PASB).

According to a Bursa Malaysia filing, BJSP will act as the asset owner and master developer of the proposed facility, while PASB, a subsidiary of PEMANDU Partners International PLT, will serve as the long-term tenant and operator under a proposed 10-year lease arrangement.

65MW AI-Ready Facility

The data centre will be built on a 37,320 sq m leasehold site in Bukit Jalil and will feature approximately 500,000 sq ft of built-up space.

Designed to meet Uptime Institute Tier III standards, the facility will have a total capacity of 65MW IT load and incorporate high-density power and cooling systems to support GPU-based workloads and artificial intelligence applications.

PASB has partnered with Inspur Communication Malaysia Sdn Bhd, part of China’s Inspur Group, for the construction, commissioning, maintenance and operation of the facility.

The definitive agreements are expected to be executed by the third quarter of 2026, while completion of the project is targeted for the fourth quarter of 2027.

New Recurring Income Stream

MRCB Group managing director Datuk Imran Salim said the project represents the group’s entry into the fast-growing digital infrastructure industry.

He added that the proposed 10-year lease structure is expected to provide recurring income for the group over the lease period.

According to Imran, MRCB has already received multiple expressions of interest for the facility’s entire 65MW IT load capacity.

He also indicated that additional data centre projects on the group’s remaining Bukit Jalil landbank could be explored in the future.

Leveraging Existing Landbank

MRCB currently owns approximately 1,153 acres of urban land with an estimated gross development value of RM33 billion.

The Bukit Jalil project represents another step in the group’s strategy to diversify beyond traditional property development into higher-value recurring income assets.

MetProperty Analysis

MRCB’s latest move reflects the increasing convergence between real estate and digital infrastructure.

As demand for AI computing and cloud services continues to accelerate, data centres are emerging as one of the fastest-growing asset classes in the property sector.

The project also highlights how established developers are leveraging strategic landbanks to create recurring income streams beyond conventional residential and commercial developments.

With several major data centre investments already taking place across Johor and the Klang Valley, Bukit Jalil could potentially emerge as another location benefiting from Malaysia’s growing digital economy ecosystem.

Join The Discussion