Singapore LTA completes first phase of SRTC
The SRTC is being designed with energy-saving features to achieve the BCA's Green Mark Platinum certification.
03 November 2023
03 November 2023
The SRTC is being designed with energy-saving features to achieve the BCA's Green Mark Platinum certification.
The STT Kaula Lumpur 1 data centre will cater to the hyperscale market while Cyberjaya DC.2 will serve financial institutions.
The project's design was influenced by the region's transport industry and railway fleet.
The project will be encompassed within vegetation and a nature setting.
A key feature of the building will be its 300-seat auditorium, which will host business forums and speeches.
The updated centre will be approximately 25% larger than the existing facility.
The project is being partly funded via the government's Levelling Up Fund.
The development will feature 210,000ft² of specialised labs, offices, and associated facilities.
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Per GlobalData analysis, the South-East Asia construction industry in 2023 is dominated by Indonesia, though the country will see a slowdown compared to 2022 due to elevated building material prices, weak commercial property demand, high interest rates and a softening of external demand. The construction industry in the Philippines is estimated to register a AAGR of 7.2% between 2024 and 2027, supported by the government’s focus on the development of the country’s rail and road transport and energy infrastructure.
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