ST Telemedia Global Data Centres (Philippines) (STT GDC Philippines), a joint venture (JV) between Globe, Ayala Corporation and Singapore-based ST Telemedia Global Data Centres (STT GDC), has announced its footprint expansion in Asia with the development of its largest and sustainable carrier-neutral data center in the Philippines.
According to Carlo Malana, Chief Executive Officer, STT GDC Philippines, the Philippine digital industry is set to grow at a projected compounded annual growth rate (CAGR) of 20% through 2030 and they are seeing rapidly growing demand for high-quality colocation services in the Philippines as both cloud service providers and enterprises alike continually expand their business platforms to meet consumers evolving demand for low-latency digital services.
The new data center campus, STT Fairview, will comprise over 83,000 square meters of gross floor area across four buildings, offering a development potential of 124 megawatts of IT load capacity once fully built out. It is strategically positioned within Quezon City with access to nearby substations, as well as critical telecommunications, transportation links, and logistics, business and industry hubs.
STT Fairview will cater to both hyperscalers and enterprises and will support the company’s sustainability goals. STT Fairview will also include ready network connections to STT Makati providing customers of the new data center campus immediate access to a rich selection of local and international network service providers, internet exchanges and submarine cable systems.
According to Lionel Yeo, Chief Executive Officer – Southeast Asia, ST Telemedia Global Data Centres, the Philippine data center colocation market is poised for growth with a five-year CAGR of 25% through 2027 and hyperscale demand is on the uptrend.
Consequently, data center developers from foreign countries are already present in the country and are actively seeking appropriate locations, be it lands or buildings, to construct their data centers.
Apart from the high demand in data centers, the Philippines is also seen as a viable market for data centers because of its digitization initiatives and growing use of e-commerce, according to firms providing real estate and legal services to potential locators.
Earlier this year, Digital Edge announced the availability of its new 10MW data center in Manila, NARRA 1, which offers 2,200 cabinets and will become the largest carrier-neutral and most energy efficient data center in operation in the Philippines.
Meanwhile, Evolution Data Centres (EDC) has signed a joint venture agreement with a local engineering and infrastructure firm Megawide to design, build and operate a carrier-neutral data center in the country.
Furthermore, the Philippine President Ferdinand Marcos Jr. has welcomed the proposed establishment of two hyperscale data centers in Luzon by ENDEC Development Corp. and Diode Ventures which, according to him, would enable the Philippines to catch up with other countries in terms of digitalization.