Mapletree Investments, a Singapore investment company, is planning to develop its first data center in Hong Kong.
The company has acquired a 4,000 sq m industrial site in Fanling Sheung Shui Town in New Territories and plans to develop a 50MW data center on the land.
Wong Mun Hoong, Mapletree’s Regional Chief Executive Officer for Australia and North Asia, said: “We are excited about winning this development land parcel. Long-term macro drivers such as growing cloud computing, e-commerce as well as the impending 5G network, are expected to drive demand for data centers.
“Hong Kong SAR stands out as an attractive location for data centers with its advanced telecommunications infrastructure, reliable power supply at reasonable cost, limited climate risks as well as strong demand from local corporations for cloud services.”
Fanling is within CLP Group’s 132kV Supply Network, allowing for high load data center development.
In addition to serving the Hong Kong SAR market, the planned development is strategically located approximately six kilometers away from Luohu, providing good connectivity for Chinese cloud players based in Shenzhen.
The site is also near the two interconnection points, Man Kam To and Lok Ma Chau. This will allow the development to offer strong network connectivity to major cities in mainland China for speedy and reliable cross-border communications.
