Who’s pulling ahead in South-east Asia’s data centre race?
Malaysia has emerged as the frontrunner to challenge Singapore’s dominance, but Thailand is fast growing as a potential competitor
THE start of the artificial intelligence (AI) boom has led to a global race among countries to build more data centres and ramp up their capacity.
It’s no different in Singapore and the South-east Asia region, with billions of dollars committed to build data centres in the region this year. Singapore re-opened its doors to new investments in 2022, after imposing a moratorium on building data centres in 2019.
Despite the three-year moratorium, the city-state still enjoys a wide lead in terms of total capacity of 1.4 gigawatts (GW) – and it wants to build up another 300 megawatts of additional capacity. Overall, Singapore has over 70 data centres.
TRENDING NOW
Why US$100 oil, 5% US yields affect Singdollar, ringgit differently vs other Asean currencies
Singapore fintechs struggle to find finance and tech talent
Despite the de-dollarisation debate, demand for dollar liquidity in Asia is growing
Why Tan Aik Keong of digital solutions specialist Agmo wants to make himself less indispensable