Gamuda’s data centres to thrive despite restrictions

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PETALING JAYA: Gamuda Bhd is poised for robust growth in its data centre projects, supported by a strong pipeline and resilient order book, according to TA Research.

Despite US restrictions on exports of artificial intelligence (AI) chips to so-called tier-two countries, the research house noted that Gamuda remains “cautiously optimistic” about data-centre ventures.

The rollout of the Upper Padas water supply scheme in Sabah, valued at RM5bil, is also expected to boost Gamuda’s order book by RM3.5bil to RM4bil, given its 75% stake in the project, TA Research added.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAustraliaUnited States

Topics: Corporate News AI Hyperscaler Data centre /Business/Business News Gamuda Restriction

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-27 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 794 words

Reading Time: 5 minutes read

Sentences: 17 lines

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News ID: 25469484

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