BANGKOK, June 24,
2024 /PRNewswire/ -- EDGNEX Data Centres
by DAMAC, a global digital infrastructure provider and
part of the DAMAC Group, has announced its latest
expansion in the APAC region by developing a state-of-the-art data
centre in Bangkok. The
announcement was made on the back of EDGNEX's presence
at DCD Connect Asia
Pacific – Bali 2024. The
first phase of the 19,000 sqm multi-storey Tier
3 colocation data centre is scheduled to be
operational by 2026, marking a significant step in enhancing
digital capabilities across the region. This new venture
underscores EDGNEX's continued commitment to
supporting the rapid digital transformation underway in APAC
countries.
Within APAC, Thailand's data
centre market is projected to grow significantly, driven by the
country's substantial investments in smart city development, big
data analytics, and IoT integration. These initiatives aim to
enhance citizens' quality of life, boost economic competitiveness,
and position Thailand as a leader
in digital innovation within the region.
Hussain Sajwani, Founder and
Chairman of the DAMAC Group, said: "Our announcement and entry
into Thailand comes at a strategic
time, recognising the increasing demand for reliable data
infrastructure to drive the ambitions in Thailand and to foster a robust digital
ecosystem. Across APAC and globally, we continue to look for
fast-growing and promising markets where governments have a solid
vision that aligns well with our own growth and vision as a
business and as a Group."
The new EDGNEX facility is strategically located in the prime
area of Rama 9 CBD, Bangkok.
Situated in the vicinity of Thailand's Stock Exchange and an existing
international data centre, EDGNEX's Data Centre is well-positioned
to provide businesses with exceptional connectivity, minimal
latency for local and global operations. Featuring dual road access
and excellent connectivity to the Si Rat Expressway, the facility
will span two buildings. The first building, scheduled to become
operational in 2026 will offer a 10MW output, followed by an
additional 10MW in the second building, ensuring scalable growth to
meet the increasing demand of businesses. The data centre will
cater to a diverse client profile, including retail, wholesale, and
hyperscale edge nodes, ensuring efficient service for various
business needs.
Danish Nayar, SVP of Investments and Acquisitions, DAMAC
Capital, added: "Our expansion into Thailand represents a significant milestone in
our APAC strategy. In an era characterised by the rapid growth of
data, driven by AI, the new data centre will become a critical
asset poised to support Thailand's
growing digital ecosystem. This facility will address the
escalating demand for robust digital infrastructure."
This expansion in Bangkok
follows EDGNEX's recent announcement of a data centre in
Jakarta, Indonesia, further
strengthening its presence in the APAC region. EDGNEX's continuous
investment in next-generation digital centres aligns with its
broader goal of enhancing digital connectivity and operational
efficiency across the region, paving the way for a more digitally
integrated future.
About EDGNEX
EDGNEX is a global digital infrastructure company headquartered
in Dubai, United Arab Emirates. It
is a wholly owned subsidiary of the DAMAC Group. EDGNEX is
providing a foundation for local innovation across the globe and
disrupting the data centre market with new speed and agility. It
proactively builds, buys, or partners to serve the next wave of
demand for data centre services.
Where We Go, Others Follow.
www.edgnex.com
Contact public:
Jai Tolani
Senior Director, Corporate Communications
+971 55 82 11998
jai.tolani@damacgroup.com
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