Asia Pacific Data Centre Update

APAC EMERGING MARKET OVERVIEW

KEY INDICATORS*

144MW IN OPERATION

19 OPERATORS, 35 DATA CENTRES

408MW UC / PLANNED

30% VACANCY RATE

* Definition: Key indicators are based on operational Hyperscale Cloud, Colo, Edge & Telco data centre facilities in the market and excludes Captive & ICT.

Colo Hyperscale Cloud Telco

MARKET OVERVIEW

Driven by high undersea cable connectivity, a central geographic location in Southeast Asia and immense population growth undergoing digital transformation, Jakarta has been catapulting itself to a global data centre market. Major cloud services and institutional capital have increasingly made inroads into the market. All major cloud services are now present or will soon be, vying for businesses serving the top-five global population throughout Indonesia, along with the potential growth of a further 100 million people getting online for the first time over the coming decades. This has allowed Jakarta to leap ahead of the small builds that exist in many similar cities and straight to hyperscale, with 307 MW currently under construction through this year and further operators looking for entry points. While active development in the market dipped earlier in the year, it has since resurged to new heights. Together, the current projects will grow the Jakarta market by over 400 MW, with little unattractive legacy infrastructure holding back large-scale deployment. It is safe to expect further positive headlines with many of these announced projects transitioning to active construction through 2022. The eastern area of Greater Jakarta is the largest cluster in terms of live capacity built at various industrial towns such as MM2100, Jababeka, GIIC, KIIC and Suryacipta. Following the trend of hyperscale building towards East Jakarta, Central Jakarta is an emerging cluster with many new announcements this year, centred around existing DTP Cyber 1.

ECOSYSTEM DEVELOPMENTS • Area 31 announced the opening of their 10MW edge facility in Jakarta in October. • BDx has acquired land in Karawang to develop a 100MW campus, to be known as CGK5. • DCI Indonesia expands H2 campus, announcing the opening of the first phase of its second data centre campus in Karawang with 12MW of capacity. • Digital Edge announced it’s EDGE2 facility in September 2022, which will support up to 23MW in capacity when live at the end of 2023 and will be located less than 3km away from EDGE1. • Equinix announced its expansion into Indonesia with plans for an International Business Exchange (IBX) data centre in Jakarta, which is expected to go live in H2 2024. Offering 1,600 cabinets, we estimate the facility to be ~7MW. • IndoKeppel , a JV between the Salim conglomerate of Indonesia and Singapore's Keppel Data Centres Group, opened phase one of IndoKeppel Data Centre 1 (IKDC1) with 5MW live. • K2 Data Centres has entered into a joint venture with Sinar Mas Land (SML) to own, develop and operate hyperscale data centres in Indonesia. Their first development, K2 Data Centre Jakarta 1 Campus (K2 JKT 1) has commenced construction and will comprise of four data centres with a total of 58.8MW in IT capacity. A second campus of similar scale is also in the pipeline in Karawang Regency. • Huawei Cloud has confirmed plans to add a cloud region to Jakarta by EOY 2022, complete with three availability zones likely split across multiple third-party colocation providers. • Metta DC a new Indonesian data centre company, opened its first data centre facility in Jakarta in October - ID01 with 35MW capacity. It also announced the development of ID02, a 12MW facility that is expected to go live by October 2023.