The construction market in Asia Pacific is forecasted by GlobalData to grow by 3.7% in real terms in 2024, having grown by 3.9% in 2023. A key growth market will be the infrastructure market, with output rising by 11.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are Asia Pacific’s five largest data center construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
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1. KUL2 Hyperscale Data Center
The project involves the construction of a 256,000m2 data centre comprising 10 buildings with a consumption capacity of 256MW on 14ha of land in Cyberjaya, Selangor, Malaysia.
Construction work started in Q3 2024 and is expected to be completed in Q4 2025.
The project will be Vantage’s second data centre and is located adjacent to its existing campus (KUL1) in Cyberjaya. It also aims to provide low-latency connectivity to major cities in the region, including Singapore, Bangkok and Jakarta.
2. Hainan Pengyin Kunlun Intelligent Computing Industrial Park
The project involves the construction of an intelligent computing industrial park on a 7.6ha site area in Hainan, Qinghai, China.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2027.
3. Qinghai Delingha Intelligent Computing Center
The project involves the construction of an intelligent computing center in Delingha, Haixi Prefecture, Qinghai, China.
Construction work started in Q3 2024 and is forecast to complete in Q4 2026.
4. Hohhot Horinger Data Center
The project involves the construction of a data center in Hohhot, Inner Mongolia, China.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2027.
The new data center will enhance the level of internet support services and provide comprehensive data solution that helps to enable business solutions. Buy the profile here.
5. Guiyang Gui’an Data Center Development
The project involves the construction of a data center on 18.6ha with a 190,000m2 gross floor area (GFA) in Guiyang, Guizhou, China.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
The new data center will enhance the level of internet support services and provide comprehensive data solution that helps to enable business solutions. Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
