SHANGHAI, China, November 15, 2021 (GLOBE NEWSWIRE) – GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of shopping centers performance data center in China, today announced that it has entered into a definitive agreement to acquire virgin land in the Nongsa Digital Park, located in Batam, Indonesia, about 25 km from Singapore. GDS plans to construct two new data center buildings on site, with a total net area of approximately 10,000 m² and 28 MW of total computing power. GDS plans to secure a renewable energy supply to support the data center site.
The Indonesian government has viewed the Nongsa digital park as a Special economic zone and Indonesian President Joko Widodo described it as the country’s “digital bridge” to the rest of the world. The company’s development in Nongsa Digital Park will complement its existing project in Nusajaya Technology Park, Johor Bahru, Malaysia, forming a solid core for its “Singapore Plus” strategy in the region.
The Company recently entered into a strategic cooperation agreement with a major Chinese cloud service provider to support its international expansion, under which GDS will be prioritized as a data center provider in the region. The strategic cooperation extends the mutual trust between GDS and the customer from China to Southeast Asia, giving strong impetus to the success of the Company’s regional strategy.
“We are seeing strong demand from our Chinese cloud and internet customers for hyperscale data center capacity in Southeast Asia, particularly Singapore or nearshore sites,” said William Huang. , Chairman and CEO of GDS. “We are pleased to have secured this high potential presence in Batam, which complements our presence in Johor Bahru. We look forward to deepening our relationship and working closely with the Indonesian government to move this project forward. With plans for strategically located data centers in Johor and now Batam, both centered around Singapore forming network and inter-connectivity across the region, this creates vast potential to facilitate regional data deployment and ecosystems.
In support of the project, the Indonesian Ministry for the Coordination of Economic Affairs (CAEM) and the Ministry of Communication and Information Technology issued a joint statement: “We are pleased to welcome GDS with its 20 years of ‘data center expertise in our country,’ said Airlangga Hartarto. , Minister of CMEA. “Indonesia’s exposure to GDS’s well-established partnerships with large scale, state-of-the-art facilities will further fuel our technical infrastructure dedicated to our growing digital economy. We appreciate GDS ‘strategic decision to invest in the recently established Special Economic Zone in Nongsa Digital Park in Batam. With these key developments, we firmly believe that Indonesia will now evolve rapidly and steadily as a key player in Asia. “
Semuel A Pangerapan, Director General of Application Computing, Indonesian Ministry of Communication and Information Technology, added: “Accelerating digital transformation in Indonesia is imperative in order to support the digital economy in rapid growth of the country as shown in Indonesia 2021 – 2024. The development of data centers is one of the important elements that will not only digitize the ecosystem, but also the vision of Indonesia to become the digital hub of the region, even of the world. We welcome GDS for choosing Nongsa Digital Park in Indonesia as the next data center deployment location. This deployment will be part of our data center ecosystem to support digital transformation, and we also encourage GDS to consider further deployment of data center infrastructure in the country as the adoption of digital technology occurs in all of Indonesia. GDS ‘confidence in the business climate and regulations in Indonesia amplifies the importance of digital transformation, and we will continue to work with industry to enable the deployment of data centers in Indonesia.
Mohammad H Rudi, head of Indonesia’s Batam Free Zone Authority (BP Batam), also said: is increasingly becoming a key player in Indonesia’s digital economy. This announcement is in line with President Joko Widodo of Batam’s vision as a “digital bridge” connecting Indonesia to Singapore and the world. The investment announced by GDS will create highly skilled job opportunities for our local talent and firmly position NDP SEZ as one of the most attractive regional hubs for digital and IT investments.
Herman Loh, Vice President and Head of Regional Partnerships, Singapore Economic Development Council, said, “GDS’s investment in Nongsa is positive for the region. Digital businesses seek stability, resiliency, and redundancy in their critical infrastructure. GDS’s growing regional data center network will help meet the demands of digital businesses, enabling their long-term and sustainable growth in the region.
About GDS Holdings Limited
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high performance data centers in China. The Company’s facilities are strategically located in major economic centers of China, where the demand for high performance data center services is concentrated. The Company also builds, operates and relocates data centers to other locations selected by its customers to meet their broader needs. The company’s data centers have large net floor space, high power capacity, density and efficiency, as well as multiple redundancies across all critical systems. GDS is carrier and cloud neutral, allowing its customers to access all major telecommunications networks in the PRC, as well as the largest public clouds in the PRC and the world which are hosted in many of its facilities. The Company offers colocation and managed services, including direct private connection to major public clouds, an innovative service platform for hybrid cloud management and, where applicable, resale of public cloud services. The company has 20 years of service delivery experience, successfully meeting the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists primarily of large-scale cloud service providers, large Internet companies, financial institutions, telecommunications operators, IT service providers and large private national and multinational companies.
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