Press Release: Sime Darby Property Awards RM1.26B Contract to IJM Construction for Hyperscale Data Centre at Elmina Business Park
Sime Darby Property Berhad (“Sime Darby Property” or the “Group”) is pleased to announce that it has awarded a RM1.26 billion contract to IJM Construction Sdn. Bhd. (“IJM Construction”), a wholly owned subsidiary of IJM Corporation Berhad (“IJM”), for the main building works of a hyperscale data centre at Elmina Business Park.
The contract, awarded through the Group’s wholly-owned subsidiary Sime Darby Property (EBP Asset II) Sdn. Bhd. (“SDPEBP II”), covers the construction, completion, testing, and commissioning of the facility’s core and shell, along with related infrastructure works.
The contract award marks the main construction phase for the hyperscale data centre, which Sime Darby Property previously secured through a long-term build-and-lease agreement announced in December 2024 with Pearl Computing Malaysia Sdn. Bhd., a wholly-owned subsidiary of Raiden APAC Pte. Ltd. Construction is scheduled to commence in the fourth quarter of 2025, with completion targeted for the second quarter of 2027. The contract was awarded following a competitive tender process.
Spanning approximately 77 acres, the project reinforces Sime Darby Property’s ambition to establish Elmina Business Park as a regional hub for technology-driven developments. It also advances advances Sime Darby Property’s SHIFT25 strategy by expanding its recurring income base under the Group’s Investment & Asset Management division, while reinforcing Elmina Business Park’s position as a premier industrial and technology hub.
Dato’ Seri Azmir Merican, Group Managing Director and Chief Executive Officer of Sime Darby Property, said the partnership highlights the Group’s commitment to delivering world-class assets through trusted collaborations. “This contract award marks another milestone in our journey to build Malaysia’s next generation of digital infrastructure. We are building a high tech, mission-critical asset that will serve the demands of the global digital economy. We are pleased to partner with IJM Construction, a company with a proven track record in delivering complex, large-scale projects, to execute the construction of this state-of-the-art facility.”
The hyperscale data centre is part of Sime Darby Property’s broader vision to develop Elmina Business Park into a leading destination for industrial and technology-driven developments in Selangor. Its strategic location, integrated ecosystem, and modern infrastructure make it an ideal base for local and international corporations seeking reliable and sustainable industrial solutions.
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