Equinix to Invest US$124m in 6th Hong Kong Data Centre, HK6
Equinix will spend US$124m to build its sixth data centre in Hong Kong, the HK6. This move will grow its storage capacity to support the demand from across the Greater Bay Area, home to Tencent, Huawei, BYD, Foxconn and HSBC (which stands for The Hongkong and Shanghai Banking Corporation Limited, after all).
This new data centre facility will be operational by the first quarter of 2026.
Hong Kong's data centre market fueled by low costs and rising demand
Equinix data centres are designed to a high level of operational standards and energy efficiency. The company has invested more than US$129m in energy efficiency upgrades, retrofits and improvements. The company is constantly seeking new ways to innovate within its data centres – having committed to science-based targets to embed decarbonisation actions across its business and supply chain. Equinix has set a goal to be climate neutral by 2030 across its global portfolio and data centre platform.
This is why we listed Equinix in our Top 10: Sustainable Data Centre Companies. Equinix's global platform, consisting of 260 data centres across the world, strengthens digital connectivity across Europe and the wider world.
According to research by Mordor Intelligence, the Hong Kong data centre market size is expected to grow from US$3.bn (from 2023) to US$5.7bn by 2028. Owing to its low tax rates and electricity costs, Hong Kong has become one of the critical data centre locations in the Asia-Pacific region, attracting investments worldwide to support the growth of data centres in the country.
Traffic through Equnix’s internet exchange service has grown 50% in the last 12 months in Hong Kong, which was one of the factors in deciding to build HK6.
The HK6 facility will offer:
- 1,000 cabinets initially, with 3,550 cabinets after it is finished.
- Direct-to-chip liquid cooling in the new facility, which will allow for packing more power into each cabinet.
Equinix’s HK6 data centre will strengthen Hong Kong's role as a digital gateway to the Greater Bay Area
Jeremy Deutsch, Equinix’s Asia-Pacific President, said that Equinix will continue to support Chinese organisations using Hong Kong as a base to access the rest of the world, as well as the global organisations using Hong Kong as a first step into China.
“Continuing to expand in Hong Kong is a demonstration that our customers are really looking for infrastructure in Hong Kong to support their digital transformation,” he said.
Equinix’s Hong Kong Managing Director, Joanne Hon, thanked Equinix’s colleagues, customers and partners for their trust and partnership with Equinix HK.
“Named as HK6, this IBX data centre will be seamlessly interconnected with our existing five data centres to further Hong Kong's digital growth. What sets HK6 apart is its cutting-edge liquid cooling technology, specifically designed to support high-density, enterprise-grade AI workloads," she said.
“Hong Kong is the gateway of data and economic exchange between multinational enterprises and Chinese companies in the Greater Bay Area (GBA). HK6 will further enhance and expand connectivity and support the growing demand for advanced technologies in the region. HK6 reinforces our commitment to providing world-class data centre solutions and supporting businesses' digital transformation in Hong Kong and the Greater Bay Area.”
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