ST Telemedia enters Indonesia with Triputra Group JV

ST Telemedia enters Indonesia with Triputra Group JV

Singapore-based ST Telemedia Global Data Centers (STT GDC) entered the Indonesian data centre market, as part of a new joint venture with Jakarta-based Indonesian conglomerate Triputra Group and global investment firm Temasek.

The new joint venture will build the companies’ first data centre campus in the Greenland International Industrial Centre, located in Kota Deltamas, Cikarang, Bekasi, on the eastern fringe of Jakarta.

The new data centre campus will support the development of multiple buildings and up to 72 megawatts of critical IT capacity. Construction of the first phase is expected to commence in the coming months and is anticipated to be completed by Q1, 2023.

Bruno Lopez, President and Group CEO of ST Telemedia Global Data Centres, said that the joint venture “marks our strategic entry into the Indonesia data centre market,” calling it an important step towards ST Telemedia Global Data Centres reinforcing its position as a leading APAC data centre industry player.

Arif Rachmat, Triputra Group director, said that the deal comes as Indonesia’s demand for digital and cloud services grows exponentially, representing a perfect time for the company to get into the data centre game.

“The Government of Indonesia initiated the National E-commerce Roadmap and the Roadmap for Indonesia Digital 2020 and 2024 to support an inclusive digital economy and is gearing the country for digital acceleration particularly the local enterprises,” Rachmat said.

According to a press release from the data centre service provider, Indonesia’s digital economy is projected to be worth US$124 billion by 2025, while the economy will be the world’s 4th largest by 2050. The archipelago is already home to several large, local Indonesian enterprises which form part of the rapidly growing digital ecosystem.

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