Equinix Opens Singapore Expansion
Equinix, Inc. (EQIX) said today that it has opened its second International Business
Exchange data center in Singapore. The $45 million first phase of the new Singapore-2 (SG2) facility will add 700 cabinets to Equinix’s capacity in the Singapore market. The second phase, which is currently being designed, will eventually provide the SG2 center with a total capacity of 1,700 cabinets and 10,219 square meters (110,000 square feet) of technical space at full build out.
Equinix said its expansion in Singapore is being driven by growth in demand from
the company’s existing customer base of carriers, content providers and enterprises. The company said that the new center’s location near one of the key submarine cable landing stations in Singapore will support future growth of its peering business.
“Singapore is a strategic market to Equinix and the company’s SG1 center is the most
network-dense data center in the country,” said Steve Smith, president and CEO of
Equinix. “We’ve seen continued strong demand in the region and even with the recent
completion of the phase 4 expansion of the SG1 center in Q2 2009, SG1 is reaching
maximum capacity. Today’s opening of the SG2 center will enable Equinix to continue
to meet customer demand while planning for SG2′s second phase, with construction
expected to start in Q2 2010.”
“Equinix’s investment reinforces Singapore’s position as a global IT hub
and home for businesses seeking to expand in Asia,” said Mr. Leo Yip, Chairman of the Singapore Economic Development Board. “There is a rapidly growing market
for connectivity and data hosting in Asia. The opening of Equinix’s second data
center is therefore timely as more companies choose Singapore as their data hub to
leverage on new growth opportunities in the region.”
Elsewhere in the Asia-Pacific region, Equinix has recently opened a new SY2 center in Sydney, and the fourth phase expansion of the existing HK1 center in Hong Kong will be opening soon.