“Singapore will continue to play a major role in the internet in Asia as the digital hub,” Rangu Salgame, chief executive officer of the Warburg Pincus-backed company, said in an interview. “A billion dollars is the minimum we would be looking to spend because that’s the kind of demand we’re seeing coming into Singapore in the next three to four years.”
Princeton Digital Group will spend US$1 billion ($1.35 billion) to build new data centres to support its operations in Singapore, underscoring long-term demand for the infrastructure that powers Southeast Asia’s fast-growing digital economy.
The Singapore-based company said the new campus it will build in Batam — an Indonesian island a few miles off the coast of the city-state — will allow its customers to expand their infrastructure as investment in the region grows. It has secured power for the 96-megawatt facility.
