Gds enhances its strategic presence in southeast asia with acquisition of land for data center development in batam, indonesia

Shanghai, china, nov. 15, 2021 (globe newswire) -- gds holdings limited (“gds holdings”, “gds”, or the “company”) (nasdaq: gds; hkex: 9698), a leading developer and operator of high-performance data centers in china, today announced that it has entered into a definitive agreement to acquire greenfield land in nongsa digital park, located in batam, indonesia, approximately 25 kms from singapore. gds plans to construct two new data center buildings on the site, comprising a total net floor area of approximately 10,000 sqm and 28 mw of total it power capacity. gds expects to secure a supply of renewable energy to support the data center site.
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