This article is from the Australian Property Journal archive
A NEW hyperscale data centre will be developed in Jakarta by LOGOS and Pure Data Centres, to meet the growing demands of Indonesian customers as the digital economy is tipped to soar to US$133 billion over the next four years.
The 20-megawatt project will span 20,000sqm and with construction underway it expected to reach completion and operation in the first quarter of 2022.
“We are very pleased to be welcoming our new data centre partner, Pure, as we push ahead with our investment in this growing sector,” said Stephen Hawkins, managing director of LOGOS.
The new data centre is being built to keep up with and accelerate the growth of Indonesia’s growing tech economy, which includes a significant number of homegrown businesses.
“The significant growth in data centres is being driven by gains in online commerce alongside the need for critical cloud service infrastructure to support their business expansion and client requirements,” said Hawkins.
The development represents LOGO’s commitment in moving into the data centre sector, following the establishment of its Green Data Centre initiative, which combines its capital partners interest in the sector while also meeting demand of cloud service providers and co-location customers.
“Existing logistics properties are, in many cases, well-suited to accommodate the mix of power and network fiber connectivity supporting data centre businesses, and our new data centre is a great example of this,” added Hawkins.
“We are very pleased to be entering the Jakarta data centre market with a new hyperscale build alongside our partner, LOGOS. Jakarta’s large population of internet users, rapidly growing economy and stable of tech “unicorns” make it one of the most exciting global markets for us,” said Martin Lynch, CEO of Pure.
This will mark Pure’s first data centre in Indonesia as the developer and operator moves into the new strategic region and works to expand its global footprint.
“We have confidence in the growth of cloud services in this market and are pleased to help facilitate our customers’ continued expansion here,” added Lynch.
According to Knight Frank, demand for data centres in the Asia Pacific region is expected to almost double over the next three to five years, reaching 5,880 megawatts, with 2,838 megawatts already in development.
Indonesia’s digital economy alone is set to reach USD$133 billion by 2025, with internet penetration reaching 64% in 2020, a massive and rapid increase on 2019’s 17%.
“We are seeing strong demand from both new and existing capital partners wanting to deploy significant capital into our Green Data Centre initiative and believe there are many opportunities across the region to support our customers’ complex needs in this underserved but rapidly expanding market,” concluded Trent Iliffe, managing director and CEO of LOGOS.