Sunday 23 June 2024

Making the announcement

Damac’s Edgnex invests in 15MW data centre in Indonesia

DUBAI, May 21, 2024

Edgnex Data Centres by Damac, a global digital infrastructure provider and part of the Damac Group, has announced its investment into the Indonesian market with a state-of-the-art data centre to be built in Jakarta. 
This announcement was made at the Indonesia Cloud & Datacentre Convention 2024 on May 16, 2024. The first phase of the construction is scheduled to be completed in the fourth quarter of 2025, marking a significant step in the company's strategic efforts to support the dynamic digital economy and startup ecosystem in Southeast Asia's fastest-growing country. 
Indonesia, as the largest economy in Southeast Asia, experienced a growth rate of 5% year-on-year from January to March 2023. Currently, Jakarta is preparing to increase its data centre capacity to 1GW. To support this growth, more colocation data centres adhering to sustainable Tier III standards and offering high uptime and reliability are needed to meet the rising demand for internet usage in the region. 
Advanced technology
In response to these needs, Edgnex is providing a foundation for innovation and disrupting the data centre market by delivering advanced technology to meet the increasing demand from Cloud Service Providers (CSP) and AI deployments. 
Hussain Sajwani, Founder and Chairman of the Damac Group, commented: "Edgnex identifies and invests in present and next-generation digital hubs. The government's robust digitalisation efforts, high internet penetration and a tech-savvy, youthful demographic, necessitate advanced infrastructure to support the burgeoning digital economy. 
“With this announcement we are pleased to support the government’s efforts and to bring our expertise in setting new standards for data centres in Southeast Asia, catalysing further technological innovation and growth across the region.” 
Enhanced service
The new data centre is strategically located in MT Haryono, Jakarta, just 3 kms from one of the most interconnected data centre clusters - the most important internet exchange point in central Jakarta. This facility will have dual road access and excellent fibre optic connectivity, ensuring enhanced service reliability and superior performance to meet the evolving demands of customers.
Danish Nayar, SVP of Investments and Acquisitions, Damac Capital, added: “We are excited by the growth opportunities in Jakarta. Our new facility in downtown Jakarta will address the growing demand for Cloud Service Providers, Edge Nodes, and potential Artificial Intelligence deployments. We are also investing in a similar format across SEA and globally.”--TradeArabia News Service


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