Last year, GDS acquired 10,000 square metres of land in Batam, an Indonesian city about 25km from Singapore, where it will construct two new data centre buildings. South-East Asia’s Internet economy is projected to be valued at US$1 trillion in 2030, according to a report by Google, Temasek Holdings and Bain & Company. — SCMP
Data centre management company GDS is following in the footsteps of its Chinese tech customers by expanding operations to South-East Asia, while betting on Singapore as a regional data hub, according to its chairman and CEO.
Founded in 2001, the Nasdaq and Hong Kong-listed GDS is a third-party data centre operator serving clients such as Alibaba Group Holding, Tencent Holdings, Industrial and Commercial Bank of China, as well as US cloud giant Amazon Web Services.
