EcoWorld Malaysia equips its Johor business park to welcome digital industries, launches QUANTUM

• “Measuring 403.78 acres in total, [the QUANTUM business park in Kulai] will be one of the largest digital and high-tech hubs by a private developer in Malaysia.”
• “QUANTUM business parks will offer a highly conducive, clean and green environment, with robust infrastructure and connectivity.”

KUALA LUMPUR (Aug 1): Eco World Development Group Bhd (EcoWorld Malaysia) has officially launched a new industrial revenue pillar. Named QUANTUM, it is the group’s fifth overall pillar of revenue.

QUANTUM will focus on digital and high-tech developments, such as data centres, designed to support Malaysia’s plans for economic transformation and growth as a leader in the digital industry.

To kick off the new industrial pillar, Eco Business Park VI in Kulai, Iskandar, Johor will be renamed as QUANTUM Edge, and serve as EcoWorld Malaysia’s first business park.

“Measuring 403.78 acres in total, it will be one of the largest digital and high-tech hubs by a private developer in Malaysia. QUANTUM business parks will offer a highly conducive, clean and green environment, with robust infrastructure and connectivity.

“These refinements to our well-established industrial park portfolio will enable us to attract not just data centres, but other operators in the data, digital, and high-tech manufacturing value chains. This group of industrialists and service providers will be the key target customers for our first QUANTUM business park, as well as future QUANTUM projects,” said EcoWorld Malaysia deputy CEO Liew Tian Xiong.

Microsoft will be the first anchor tenant of QUANTUM business park, following the sale of 123.14 acres of land to Microsoft Payments (Malaysia) Sdn Bhd for RM402.3 million, as announced earlier this year.

“QUANTUM is essentially our business parks redefined and redesigned, so we can attract players that are transformative in their research and technology, and bring Malaysia to another level,” said Tian Xiong.

The latest addition to the developer’s revenue pillars also seeks to continue EcoWorld Malaysia’s achievements as one of the leaders in the industrial property development sector, following their successes with Eco Business Parks, which achieved a 68% 4-year compound annual growth rate (CAGR) in sales between 2020 and 2023.

“The strong networks we have successfully built over the years, combined with our execution capabilities in delivering modern industrial facilities with excellent infrastructure and amenities, brought Eco Business Parks to the attention of global market leaders operating in the high-tech and digital arena,” said EcoWorld Malaysia president and CEO Datuk Chang Khim Wah. 

“Such sustained demand from an increasingly large pool of clients has inspired us to further broaden and deepen our share of the industrial market, targeting these digital and high-tech players,” he added. 

Chang also expressed EcoWorld Malaysia’s desire to contribute to the evolution of Malaysia's industry as a significant inspiration behind the launch of QUANTUM.

“We have put in term plans, in line with the federal agenda to ensure that the necessary supply of energy and infrastructure will be in place to see the growth of Malaysia’s digital and technological industry,” he said.

Eco World Malaysia also hinted that they had secured another high-level, upcoming client for its QUANTUM business park, but declined from naming it today.

The launch event was held today at ZEPP Kuala Lumpur, Bukit Bintang City Centre, and officiated by deputy minister of International Trade and Industry, Liew Chin Tong.

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