Johor, Malaysia, September 11, 2025- Chinese data center firm Zdata Technologies Co. is seeking approximately USD 500 million in private debt to finance a major data center project in Johor, Malaysia. The loan is expected to have a tenure of two to three years, with discussions still ongoing.
Founded in 2014, Zdata specializes in cloud-network convergence and IT infrastructure services. The company is expanding aggressively in China, planning over 30 green data centers in regions like Beijing, Tianjin, and Shaoguan, with a total capacity of 3 gigawatts. This international push into Malaysia marks its latest effort to tap into Southeast Asia's booming market.
The funds will support the development of a data center in Johor, aligning with the region's wave of similar financing deals. Discussions with potential lenders are ongoing, and terms could evolve.
This financing effort highlights China's data center giants venturing abroad amid domestic expansion limits and global digital demands. It adds to a trend of private debt deals in the sector, positioning Zdata to compete with players like Chindata Group in Asia-Pacific emerging markets. The project could enhance Malaysia's role as a data hub, supported by incentives for foreign investment.
.jpg)
.jpg)
.jpg)