Shanghai DC-Science Co., a well-known Chinese data center developer and operator, is currently in the process of securing a private loan between $600 million and $700 million. This funding will be used to support the construction of data centers in Johor, Malaysia, as part of their new project, Brightray DC.
The first phase of the Brightray DC project is expected to be completed by February, according to information available on the company's website. This initiative highlights the increasing demand for data center infrastructure in the region, as companies are looking to expand their digital capabilities.