ASEAN: IT-CYBER: A race to the cloud in Asean
Data centres are the new frontier for Chinese and US investments in Asean. The region is projected to be one of the fastest-growing data centre markets in the world.
Just before the Covid-19 pandemic hit in 2019, work began on Facebook’s data centre in Singapore.
Construction is still under way, but when fully operational, the US$1 billion (S$1.4 billion), 170,000 sq m facility will have a power capacity of 150 megawatts (MW), and will be Singapore’s largest hyperscale data centre.
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Such a facility houses thousands of servers and computer systems that deliver data for everything from cloud computing to smart cars to appliances. Hyperscale data centres typically have a power consumption level of at least 3MW.
Facebook’s facility will join other American companies in Singapore, including Google and Microsoft.
Facebook’s data centre in Singapore will be located at Tanjong Kling.
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Over half of the at least 55 foreign-owned data centres in the island nation belong to United States companies, according to the Asean Investment Report released last September by the Asean Secretariat and United Nations (UN) Conference on Trade and Development.
Analysts say American companies are leading the charge in Asean, but Chinese tech firms are also gaining ground.
Data centres are becoming a rapidly growing area of investment in Asean countries, and US and Chinese companies are jostling for a slice of the market.
