Singapore-based Big Data Exchange (BDx), a data centre, colocation and hybrid cloud solutions provider, is establishing a new 16MW data centre, named HKG8, in the Kwai Chung District of Hong Kong.
This is BDx’s fourth data centre in Hong Kong and 12th in the Asia-Pacific region.
Sino Group, a Hong Kong property developer is BDx’s local partner and will build the data centre which is expected to be operational by the end of 2023.
BDx said the facility will offer customers a redundant power supply and reliable infrastructure which are requirements of the company’s hyperscale and enterprise customers.
This will ensure the highest levels of fail-safe resiliency, and super-dense connectivity, the company said.
BDx’s CEO, Mayank Srivastava, said HKG8 was part of the company’s plans to expand its footprint across Asia with “sustainable, high-quality sites, that offer customers dense connectivity, IX ecosystems and reliable redundant options”.
According to a recent report by Arizton Advisory and Intelligence, the size of the Hong Kong data centre market is expected to reach nearly US$4 billion (S$5.25 billion) by 2027.
Hong Kong is one of the largest digital hubs in the Asia-Pacific region due to the strong adoption of cloud technologies, its smart city development initiative and a dedicated focus by its government on the expansion of the ICT market.