GDS Holdings Building out a Valuable Data Center Network in China and Southeast Asia

We expect GDS Holdings to continue to purchase and build data centers in and around its focus Tier 1 Chinese cities of Shanghai, Beijing, Shenzhen, Guangzhou, Hong Kong, Chengdu and Chongqing. As its network of interconnected data centers grows it can more easily cater to the demand from its key cloud service provider customers allowing them to expand in a flexible way in their key markets. This also enables key enterprise customers to deploy their hybrid clouds in close proximity to the networked nodes of leading public clouds. The company has also taken the first steps on its international expansion into Southeast Asia with the acquisition of greenfield land in Nusajaya Tech Park in Johor, Malaysia, with developable capacity of 22,500 square meters or 54 megawatts. Beyond Johor, it is actively pursuing a number of other opportunities in Singapore, Kuala Lumpur and Jakarta. It claims to have identified over 200 megawatts of demand from Chinese customers in Southeast Asia within the next five years.