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Princeton Digital Group to invest $1 billion in Asia’s data centre market with new SG+ strategy

Written by Thu 23 Feb 2023

Princeton Digital Group (PDG) announced a new strategy for its APAC data centres. The SG+ strategy includes a new 96 MW data centre campus in Batam, Indonesia, which will enable customers to expand their infrastructure to data centre campuses in Singapore and Johor, Malaysia.

“The new campus in Batam reinforces our growth strategy and solidifies our strong presence across the region in China, Singapore, India, Indonesia, and Japan,” said Rangu Salgame, Chairman and Chief Executive Officer of PDG.

The Batam data centre campus will cover 15 acres of land and comprise of four buildings with 24 MW capacity each.

Mr. Salgame also said in an interview with Bloomberg: “Singapore will continue to play a major role in the internet in Asia as the digital hub. A billion dollars is the minimum we would be looking to spend, because that is the kind of demand we are seeing coming from Singapore in the next three to four years.”

The PDG campus in Batam will be located in a special economic zone in the northeast known as the Nongsa Digital Park. This area has been described as a ‘digital bridge’ between Singapore and Indonesia, making data centre builds in the area very attractive to investors.

“PDG’s investment into Nongsa underscores the growth opportunities that Southeast Asia offers to companies. A reliable and stable infrastructure are key enablers in the digital economy, and PDG’s latest expansion will enhance its capability to meet the needs of digital companies seeking to expand in the region,” said Herman Loh, Vice President and Head of Regional Partnerships for Singapore Economic Development Board.

“We look forward to working closely with PDG as the company continues to scale as a Pan-Asia leader in digital infrastructure,” said Muhammad Rudi, Chairman, Badan Pengusahaan Batam (BP Batam), Batam Indonesia Free Zone Authority.

PDG recently launched its first data centre in India, with a $300 million project in Navi Mumbai. This data centre covers a six-acre campus, offering 48MW across two buildings, and is IGBC Platinum certified.

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Written by Thu 23 Feb 2023

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