Digital Realty recently revealed that the acquisition of land on a long-term ground lease to develop Digital Loyang II data center in Singapore, the company’s third facility in the high-growth market.
The acquired land parcel totals 12,800 square meters and is adjacent to Digital Realty’s second Singapore facility – Digital Loyang I, located at Loyang Drive on the east side of Singapore.
According to a prepared release, the new Digital Loyang II Singapore data center is expected to be fully operational by the third quarter of 2020, marking a significant expansion and further development of the Digital Realty Loyang connected campus.
The new data center in Loyang Drive will be located less than 25 kilometres from Singapore’s central business district and will provide up to 50 megawatts of critical power capacity to regional and global customers. The multi-story facility will offer a total footprint of 34,000 square meters and will ultimately broaden opportunities for more international companies to expand their core digital assets into the key Singapore market.
Both the existing SIN11 and planned SIN12 facilities are strategically located close to the Changi North Cable landing station, a key sub-sea internet landing station for the region. Digital Realty already enjoys a relationship with Singapore Internet Exchange to provide local peering at Digital Realty’s Singapore data center facilities in Jurong West and Loyang East. Customers in both facilities benefit from this relationship through greater and more cost-effective connectivity options. These peering points on both ends of the island enhance the overall resiliency of the peering solution ecosystem in Singapore.
“Digital transformation is set to contribute US$10 billion to Singapore’s gross domestic product by 2021,” said Mark Smith, Managing Director APAC for Digital Realty. “With leading global technology companies increasingly looking to expand their digital footprint in Singapore, there is a significant opportunity for leading infrastructure providers like Digital Realty to provide the trusted foundation for the nation’s technology landscape. Our customers are constantly investing in digital services to transform their businesses, and we remain committed to supporting them through these transformations.”
“By leveraging Digital Realty’s global ecosystem, SIN12 customers will have access to a carrier-neutral operating environment, consisting of a world-class range of telco providers, service providers and business partners. The increased speed and connectivity of the global Digital Realty platform aims to provide low latency and highly reliable uptime for our customers,” added Mr. Smith.
Data centers represent the backbone of the IT sector and remain crucial to achieving Singapore’s ambition to become a fully digital economy and support the rapid digital transformation of Southeast Asia. Singapore’s connectivity to major markets in the region, strong network infrastructure, conducive business environment and political stability are among of the top reasons international and local operators continue to seek data center growth in the region.
“We are excited to expand our platform in Singapore and to continue building upon our relationships and ecosystem in this core financial and colocation hub,” said Digital Realty Chief Executive Officer A. William Stein. “With the addition of SIN12 to our Loyang connected campus, customers will soon have new ways to connect, extend their reach and find new business opportunities through our global data center platform. Singapore has traditionally been a key hub for our global footprint, and given its robust existing infrastructure and strong support for digital transformation, it remains a leading destination for customers from around the world,” added Mr. Stein.
The construction and management of a data center will also provide a wide array of job opportunities from development to the ongoing operations of the future facility, according to the release. As economic magnets, data centers have often been able to create significant opportunities and returns on investment for their customers, owners and countries in which they operate.