Ayala Land Logistics Holdings Corp. (ALLHC), a leading industrial real estate company in the Philippines, and FLOW Digital Infrastructure, a leading digital infrastructure platform in Asia Pacific, have agreements in place to build and run carrier-neutral data centers all across the Philippines.
Ayala Land stated in a statement posted on the Philippine Stock Exchange (PSE) that the arrangement is in accordance with the framework agreement inked last May 6 to start the envisaged joint venture partnership activities.
Ayala Land, Inc. ‘s subsidiary ALLHC leases industrial parks, warehouses, cold storage facilities, and office space. Meanwhile, FLOW operates in the main physical components of the digital infrastructure ecosystem, including as network and fiber assets, cloud and hyperscale data centers, and enterprise data centers in the Asia-Pacific region.
The joint venture, which is a component of FLOW’s ongoing growth into Asia and the Pacific, makes use of the company’s unrivaled expertise in next-generation data center design, development, and operation.
In the agreement, a hyperscale campus with a total information technology capacity of 36 megawatts (MW), which can be expanded through a modular deployment, would have its first data center facility.
According to Jose Emmanuel Jalandoni, senior vice president of ALLHC’s parent firm Ayala Land and president and chief executive officer of ALLHC, FLOW will raise the value of ALLHC’s industrial landbank, and the partnership will help the Philippines transition to a digital economy.
Moreover, ALLHC also stated that the expansion is a step toward its objective of incorporating complementary new economic sectors into its portfolio. According to Patrick C. Avila, ALLHC Chief Operating Officer, the joint venture is a cornerstone of ALLHC’s growth, and FLOW will give ALLHC a distinct advantage in its quest to become the Philippines’ top provider of data centers for multinational corporations and hyperscalers.
Meanwhile, for Amandine Wang, FLOW Chief Executive Officer, the partnership seeks to provide best-in-class solutions to satisfy the rising demand for high standard, carrier-neutral data center services in the Philippines.
She further added that the Philippines is poised to embrace the development of the digital economy, where digital infrastructure serves as the backbone of the information and communications technology industry.
