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Gaw Capital Companions, on behalf of its pan-Asia knowledge centre platform, has acquired a greenfield website in Vietnam to develop an 18,168sqm asset.
The supervisor has invested an undisclosed sum to purchase the location positioned in Saigon Hello-Tech Park in Ho Chi Minh Metropolis for the Pan-Asia IDC platform.
Kok Chye Ong, managing director – head of IDC Platform, Asia (ex-China) of Gaw Capital Companions, mentioned the acquisition offered a “distinctive alternative” to develop into one of many first IDC traders in Vietnam, providing a world hyperscale facility.
“Via the early entry into the market, it permits the agency to be effectively positioned to serve the unmet demand out there, with that demand being additional accelerated by a younger, tech-savvy inhabitants, fast tempo of improvement of tech SMEs, and rising high-tech investments within the nation,” he mentioned.
Gaw NP Capital will act because the grasp developer and has scheduled the completion of the carrier-neutral Tier III knowledge centre mission by 2024.
Vo Sy Nhan, co-founder and CEO of Gaw NP Capital, mentioned, “Vietnam is likely one of the fastest-growing areas in Southeast Asia exhibiting highly effective macroeconomic tendencies and powerful demand for web knowledge centres.
“Because of the influence of the Covid-19 pandemic, Vietnamese companies are actually extra conscious of the position of digital know-how of their manufacturing and enterprise actions, which can drive the expansion of digital transformation and knowledge utilization.”
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