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GIC and Polymer Connected establish data center JV
Investors - JUNE 13, 2019

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GIC and Polymer Connected establish data center JV

by Released

GIC, Singapore’s sovereign wealth fund, and Polymer Connected, an eminent data center provider, have established a partnership to develop a data center campus in Jakarta.

With this partnership, Polymer Connected has acquired the land to build the campus, strategically located in Jakarta Barat. This will be Polymer Connected’s first campus in Indonesia and will include 2.6-megawatt tier III and 26-megawatt tier IV data center facilities. It will adopt a hyperscale model, to be leased on a large, long-term basis to wholesale clients. Built to international design standards, the Jakarta Barat campus will be scalable, reliable and secure, and will be the first green Indonesian data center to utilize Jakarta’s natural gas network to produce electricity.

Darren Hawkins, CEO, Polymer Connected, stated, “With a population of 575 million, 350 million internet users and 390 million active mobile users, Southeast Asia’s digital economy is forecasted to triple to $240 bi

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