Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
Deal was signed at the Dubai Expo in Dubai in the presence of Indonesia’s President Joko “Jokowi” Widodo and Prime Minister of the UAE and Ruler of the Emirate of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum.
Founder and Editor, The Tech Capital
November 09, 2021 | 4:00 AM GMT
Indonesia is to become home to one of the largest data centre infrastructures in the world in an investment that could reach as much as US$6-10 billion at full build.
The data park has been announced by Indonesian wireless network operator PT Smartfren Telecom Tbk (IDX: FREN) and Abu Dhabi artificial intelligence (AI) and cloud computing company Group 42 (G42) who have entered a memorandum of understanding (MoU) to develop the project.
The two parties have not disclosed any information regarding the site’s capital commitment and investors behind it, location or features. The only detail shared has been a 1,000 MW power load.
Consequently, Smartfren and its affiliated company Moratel, which is engaged in fibre optic-based connectivity providers, will collaborate with PT Amara Padma Sehati (APS) and G42, which will act as strategic partners.
The MoU was signed at the Expo 2020 in Dubai in the presence of Indonesia’s President Joko “Jokowi” Widodo and Prime Minister of the UAE and Ruler of the Emirate of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum.
Franky Oesman Widjaja, chairman and CEO of Sinar Mas Telecommunications & Technology, the parent company of Smartfren Telecom, said: “Smartfren understands the importance of data centres as the backbone of the development of the digital industry in Indonesia. We are optimistic that this collaboration will realize the construction of data centres in the country and maintain national data sovereignty, which is being carried out by the government of Indonesia.”
Peng Xiao, CEO of G42, added: “G42 and Etisalat recently merged their data centre businesses to create the largest data centre provider in the UAE with a capacity of around 300MW under construction.
“With our capabilities in cloud computing, we at G42 are happy and ready to work with Smartfren and its partners to support the strategic development of Indonesia’s digital infrastructure in accordance with the highest international standards for facility design, operations and data privacy and security.”
PT DCI Indonesia Tbk (IDX:DCII) has officially launched its fourth data centre building, JK5, in Ci...
PT DCI Indonesia Tbk (DCI) has completed works for a new hyperscale campus in the South East Asia (...
Asia might not have made many headlines during the 2000s and early 2010s, but the continent is toda...