Nasdaq-listed Equinix to invest US$85.3m to build fourth data centre in Singapore

Singapore

NASDAQ-LISTED Equinix plans to build a fourth data centre in Singapore at an initial cost of US$85.3 million.

The seven-storey facility in Tai Seng Industrial Estate, called SG4, is expected to open in the fourth quarter of this year. The first phase of SG4 will provide more than 45,400 square feet of co-location space, offering an initial capacity of 1,400 cabinets, the interconnection and data centre company said in a media statement on Tuesday.