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Singapore rides pan-Asian data centre trend

As a digital hub and with its ease of doing business, the Republic is a natural location for data centre firms

Published Wed, Nov 4, 2020 · 09:50 PM
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Singapore

PRIVATE equity firms are pushing deeper into the data centre market in Singapore - as they are in other parts of the world - as Covid-19 prompts more companies to go digital.

SpaceDC, a Singapore-headquartered data centre provider, is backed by the Republic's sovereign wealth fund GIC. On Wednesday, it launched a premium data centre in Jakarta, Indonesia, catered for the Southeast-Asian (SEA) market.

KEYWORDS IN THIS ARTICLE

Private equity
Pension funds

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