In China, PDG has started construction of a 40MW data centre campus in Shanghai, with the first phase slated for completion in 1H20. The group has also acquired land for large scale data centre developments in Nanjing, Nantong and Wuxi – all of which are strategic locations for growth in China.
SINGAPORE (Sept 2): Singapore-based internet infrastructure company Princeton Digital Group (PDG) reported that it has acquired assets and land for data center development in China and Singapore as part of a US$500 million ($695 million) investment to fuel its expansion across Asia.
This announcement follows PDG’s recent acquisition of a 70% stake in telco operator XL Axiata’s data centre portfolio in Indonesia, making the group the only company that owns data centres in China, Singapore, and Indonesia – three of the fastest-growing digital economies. PDG also operates in India.
