EdgeConneX and Aboitiz InfraCapital form JV to address enormous data usage growth in Philippines
EdgeConneX has formed a joint venture with Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, to address considerable and rising data usage in the Philippines.
The exclusive partnership focuses on building a network of hyperscale data centers across the Philippines. The first two data centers focus on the Manila metro area, with a connectivity-focused facility adjacent to the local internet exchange and a secondary hyperscale campus facility also located in the greater Manila area. The partnership will look to tap AIC’s land bank of 1,400 hectares (3,460 acres) of prime industrial real estate and AboitizPower’s diversified renewable energy capacity, which the company aims to triple by 2030.
“The Philippines is underserved and seeing high domestic data demand growth relative to Southeast Asia. Our market size, favorable demographics and proliferation of subsea cables make the Philippines an ideal destination for data center investments,” sa