IJM Corporation Bhd has secured a second contract from Sime Darby Property Bhd to develop a hyperscale data centre at Elmina Business Park in Selangor, with the latest award valued at RM658.01 million.
In exchange filings, the companies said the contract covers construction, completion, testing and commissioning of the data centre, including ancillary facilities, on a site spanning approximately 77 acres. The project forms part of the broader data centre development at Elmina.
Construction is scheduled to commence in the second quarter of 2026, with completion targeted for the third quarter of 2027. With this latest award, IJM’s total contract value for works at the Elmina project now exceeds RM1.9 billion.
According to Sime Darby Property, IJM was selected after competing against three other contractors in the final stage of the tender, following a pre-qualification process that involved nine companies. The winning bid was evaluated based on commercial considerations, capacity, technical expertise, and performance in the earlier Package 1 works.
Shares of IJM rose four sen, or 1.83%, to RM2.23 at the midday trading break on Wednesday, giving the group a market capitalisation of about RM8.13 billion ahead of the announcement.
