Singapore-based Princeton Digital Group (PDG) announced plans for making investment of $150 million for developing data center in Jakarta, Indonesia.
PDG has built 19 data centers across 5 countries in less than 4 years since its inception. The company recently announced an investment of USD 1 billion to open a 100 MW data center campus in Japan.
The 22MW data center, to be named Jakarta Cibitung 2 (JC2), is being built within the same 19,550m2 campus that houses PDG’s existing data center JC1. This expanded campus of 35MW will serve global cloud companies, domestic internet companies and enterprises.
Rangu Salgame, Chairman and CEO of Princeton Digital Group, said: “Over the last four years, through our unique three-pronged strategy of acquisitions, carve-outs and greenfield development, we’ve built a strong portfolio of data centers across key Asian markets such as China, Singapore, Indonesia, India and Japan.”
According to Structure Research, the Jakarta data center colocation market is expected to grow at a five-year CAGR of 23.7 percent through 2025.
