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Keppel Telecommunications & Transportation
10-09-2018, 06:30 PM.
Post: #91
RE: Keppel Telecommunications & Transportation
Keppel and the Salim Group to jointly develop and operate data centre in Indonesia

The Salim Group and the Keppel Group, through the Alpha Data Centre Fund (Alpha DC Fund), managed by Alpha Investment Partners Limited (Alpha), and Keppel Data Centres Holding Pte Ltd (Keppel Data Centres), have signed conditional agreements to jointly develop and operate a high-availability data centre in Bogor, about 35km distance from Jakarta, Indonesia.

The data centre, IndoKeppel Data Centre 1 (IKDC 1), will be developed and operated by a 60:40 joint venture between the Salim Group and Keppel Data Centres. Development of the facility will take place over three phases and will feature a gross floor area of approximately 105,300 sq ft with Tier 3 concurrent maintainability standards for power and cooling. The construction of the data centre’s core and shell as well as first phase fit-out is expected to be completed by the first half of 2020.

Separately, IKDC 1 and its underlying 3ha land plot will be held by a 60:40 joint venture between the Salim Group and the Alpha DC Fund respectively. It is envisioned that the 3ha land plot will be the first phase of a larger 7ha data centre campus development that will cater to growing demand for quality data centre space in Indonesia.

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Specuvestor: Asset - Business - Structure.
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