ST Telemedia Global Data Centres (STT GDC), one of Asia's largest data centre providers, announced through a press release on Monday (10 December) the plans to build its largest facility in Singapore at the beginning of 2019.
Headquartered in the city-state and backed by technology and communications investor ST Telemedia, STT GDC will spend S$350M in the construction of STT Loyang, its largest data centre in Singapore, and the group’s seventh facility in the country.
STT GDC and its sister companies, GDS Services and VIRTUS Data Centres, have more than 70 operative data centres across the world, including Singapore, China, India and the UK.
In April STT GDC also announced the partnership with industrial property developer Ticon to build a number of data centers in Thailand.
The firm is a portfolio company of Temasek Holdings.
Construction of STT Loyang will start in early 2019 and is expected to be completed by mid-2020.
The five-story facility will be located in Loyang Way and will have a gross floor area (GFA) of over 290,000 sq ft and a net lettable area (NLA) of 107,000 sq ft.
According to STT GDC, the new state-of-the-art facility aims to leverage on the company’s global footprint and local expertise to bolster Singapore’s standing as Southeast Asia’s data centre hub while supporting the growing cloud market in the region.
STT Loyang IT load capacity will be over 30MW, and it has been designed to meet sustainability and security benchmarks.
“The exponential growth of cloud providers in this region, coupled with increasing digital transformation efforts amongst enterprises will drive demand for data centre (DC) storage and compute capacity in Singapore and across the Asia Pacific region in the coming years," said Clement Goh, Southeast Asia CEO at STT GDC.
"STT Loyang will enable us to meet the increasing demand for capacity, while tapping on to the latest technologies and sustainable design features to ensure a low carbon footprint and optimal energy efficiency,” Goh added.
According to IDC Asia/Pacific, public cloud spending in Asia-Pacific - excluding Japan - is expected to hit US$15.08 billion by the end of this year, a year-on-year increase of 35.66% over 2017.
Similarly, the compound annual growth rate (CAGR) for cloud spending in the region between 2016 to 2021 is forecast to hit 32.58%.
With providers such as Amazon Web Services (AWS), Google and now also Facebook recently announcing the expansion of their data centre infrastructures in the country, Singapore has turned into one of the most mature data centres markets across the globe.
"We selected Singapore for a number of reasons, including robust infrastructure and access to fiber, a talented local workforce, and a great set of community partners", Facebook said in a blog post after the announcement of its new data centre in September.