Singapore is an attractive place to have a data centre because of infrastructure such as improved high-speed connectivity as well as political stability, rule of law, regulations and a low risk of natural disasters relative to other countries. Data centres occupied 241,000 sq m in 2017; an estimated 65,000 sq m of data centre space was completed in 2018, and total stock is expected to more than double by 2022, notes Mapletree Investments in its July Mapping publication.
SINGAPORE (Sept 9): In the world of tech, when you use the cloud, you are simply storing your data and programs on the internet instead of in your computer. For example, data from your Facebook, Instagram or Gmail accounts are stored in the cloud, which is located in data centres.
Singapore has attracted several tech companies to set up data centres in the city state. In an August report, Cushman & Wakefield says: “Facebook set up its US$1 billion [$1.4 billion] data centre in Singapore. It would be its first in Asia and 15th in the world. We also saw Equinix, Digital Realty, ST Telemedia and at least two other operators having successfully tendered for land plots from Jurong Town Corp to build data centres.”
