Eco Business Park 7 sells industrial land to Tera Data Centers for RM1.01b

Eco Business Park 7 Sdn Bhd has entered into a conditional sale and purchase agreement to sell approximately 221.67 acres of industrial land in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd. The transaction is valued at approximately RM1.013 billion.

Tera Data Centers, a developer of data center platforms and part of a Singapore-headquartered digital infrastructure group, will utilize the two parcels located within Mukim Jimah. The industrial park is a public-private partnership involving Eco World Development Group Bhd, SD Guthrie Berhad, and NS Corporation.

This development is part of the Malaysia Vision Valley 2.0 (MVV 2.0) master plan. According to Datuk Ho Kwee Hong, chief development officer of Eco Business Park 7, the investment is expected to support the creation of a high-value industrial ecosystem and attract further domestic and foreign investment to the region.