The Business Times
SUBSCRIBERS

Singapore hits pause on building new data centres; short-term rents up

Sustainability is behind the moratorium; Republic has about 60 data centres guzzling electricity

    Published Sun, Nov 8, 2020 · 09:50 PM

    Singapore

    SINGAPORE authorities have nudged data centre players to stop building new ones on this land-scarce island, triggering a rise in short-term rental rates.

    A moratorium on constructing new data centres was "implicitly imposed" since early last year during a closed-door session with government agencies and industry players, The Business Times understands.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Data centresJTCRentssustainability

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More