Real estate private equity firm Gaw Capital has partnered Sinar Primera Group, an industrial developer to develop a six-megawatt data centre facility in Indonesia.
The data centre will be hosted at Batam’s Nongsa Digital Park, a special economic zone inaugurated by Indonesia and Singapore in 2018 to serve as a “digital bridge” between the two countries.
Phase one of the project is scheduled to be operational by the fourth quarter of 2024, according to a company release.
Gaw will be the primary investor, with Sinar Primera acquiring a minority shareholder stake in the property and taking on the role of development manager for the project.
“The collaboration allows us to combine our development expertise and local proficiency in the Indonesian market with Gaw Capital’s global real estate experience, paving the way for a cutting-edge data centre facility that will meet the increasing demand for advanced digital infrastructure in Batam and surrounding region,” said Hong Kah Jin, head of Sinar Primera Group.
The partners aim to create a state-of-the-art facility, leveraging Gaw Capital’s investment expertise and Sinar Primera’s property development skills.
Earlier in 2022, Gaw announced the groundbreaking for Phase 1 of its first 30MW data centre project in Nongsa Park. The facility, Nongsa One is expected to be completed by the end of Q4 2023.
The company has also announced its plans to invest in data centre assets across key markets in the Southeast Asia region. It formed a joint venture with A3 Capital to launch Infinaxis 12MW data centre in Malaysia.
Gaw has recently entered the Vietnamese market with the purchase of a greenfield plot at Saigon Hi-Tech Park for a 20MW facility.
