Thursday, 15 August 2024 08:38

Equinix invests US$124 million in new HK data centre

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Digital infrastructure company Equinix has invested US$124 million in its International Business Exchange data centre in Hong Kong.

The new HK6 facility will be interconnected to Equinix’s five existing data centres, which serve as a hub for data and economic exchange between multinational enterprises, local and mainland Chinese companies in the Greater Bay Area (GBA).

The new data centre is located in a vicinity built for data centres in Tsuen Wan, approximately 1.5km from Equinix’s campus of HK1, HK2, and HK3.

Equinix said Hong Kong’s strategic location makes it a natural aggregation point for the region’s connectivity.

HK6 is expected to open in Q1 2026. The first phase will provide 1,000 cabinets. Upon completion, the 17-story data centre will offer a total of 3,550 cabinets to support cloud and financial service providers.

Over the past year, the Equinix Internet Exchange traffic in Hong Kong has grown by almost 50%.

“HK6 will be Equinix's largest investment in Hong Kong in the past decade, further strengthening the city's digital infrastructure and showcasing our unwavering confidence in this dynamic market,” claims Equinix Hong Kong managing director Joanne Hon.

“This strategic investment solidifies Hong Kong's position as a crucial gateway for data exchange between China and the global community."

HK6 will support liquid cooling technology essential for supporting high-density, enterprise-grade AI workloads.

Like Equinix's other IBX data centres in Hong Kong, HK6 will be 100% covered by renewables.

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Kenn Anthony Mendoza

Kenn Anthony Mendoza is the newest member of the iTWire team. Kenn is also a contributing writer for South China Morning Post Style, and has written stories on Korean entertainment, Asian and European royalty, Millionaires and Billionaires, and LGBTQIA+ issues. He has been published in Philippine newspapers, magazines, and online sites: Tatler PhilippinesManila BulletinCNN Philippines LifePhilippine StarManila Times, and The Daily Tribune. Kenn now covers all aspects of technology news for iTWire.com.

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