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Data centre pipeline is real, not hype. Malaysia has pulled in RM385.7 billion in data centre-related investments since 2021, with over 40 new applications this year alone. The M&E engineering market is projected to hit RM17 billion by 2030, growing at a CAGR of around 10-11%. Data centre demand is rated "High" impact across short, medium, and long term in industry reports
For KEEMING, the relevant numbers are RM206m outstanding order book and roughly RM2.2bn tender pipeline, with 47% reportedly tied to data centres, confirm huat ah