SEA Limited (SEA Ltd), a Singapore-based e-commerce giant and the parent company of Shopee, the largest pan-regional e-commerce platform in Southeast Asia and Taiwan, has committed to expanding its investments in Malaysia. SEA Ltd plans to develop a cloud computing services center, data hosting and processing, as well as a new logistics e-commerce warehouse.
The cloud computing project will be housed in a three-story green facility in Kulai, a town in the state of Johor. It is expected to be completed by the first quarter of 2024, and it will contain 24 data hall suites, mechanical and electrical rooms, office space, as well as storage and parking facilities. Shopee will also increase its presence in Malaysia with the construction of a brand-new two-story mega warehouse in Bukit Raja, Klang, Selangor state. This integrated hi-tech logistics park will span 130,000 square meters and feature cloud technology.
Malaysia’s Minister of International Trade and Industry, Tengku Zafrul Aziz stated that SEA Ltd will be creating more than 2,000 jobs as a result of this investment. Tengku highlighted that the firm’s decision to expand its investment footprint in Malaysia reflects its confidence in the prospects, as well as the operational and policy stability of the country’s business landscape. The surrounding local communities, corporations, and small and medium-sized businesses are also anticipated to benefit from the expansion.
(Sources: The Edge Markets; Channel News Asia)