07 May 2026
07 May 2026
While foreign investment has poured into the region’s manufacturing and data centre sectors, the war in the Middle East has highlighted a key vulnerability.
The revised legislation, known as Chips Act II, is expected to be formally presented in late May.
Offshore wind has come under sustained political pressure, but Liz Burdock of Oceantic argues that pressure has not amounted to structural change.
The two campuses, designated JHB3 and JHB4, will be located in Iskandar Puteri, Johor, adjacent to the company's existing JHB1 and JHB2 sites.
The three facilities involve a combined investment of around Y300bn ($1.90bn).
The agreements were made in Hanoi on 2 May during Japanese Prime Minister Takaichi Sanae’s official visit to Vietnam.
The European Commission is anticipated to clear the deal following a preliminary review later this month, having found no competition concerns with the transaction.
The investment consists of $270m for shared infrastructure and $546m for a second 200MW building at the Sines Data Campus.
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