Singapore-based Princeton Digital Group (PDG) plans to build one of the largest hyperscale facilities in Tokyo, Japan, with a total investment value of $1 billion.
With this investment, PDG marks a major milestone in its plan to build a 600 megawatts (MW) portfolio across the region.
The new campus at Saitama City will have close to 100 MW of critical IT capacity across two phases of 48.5 MW each. Saitama City is one of the major commercial centers of the Greater Tokyo area.
Located 30 km north of central Tokyo, the PDG Saitama campus has a total land area of 33,047 square. PDG has already secured the land and power with construction to begin later this year.
“The Asia-Pacific region is set to be the largest data centre market in the world, and this announcement underscores our vision to be the market leader in this region,” said Rangu Salgame, chairman and CEO of PDG.
“Over the last four years, through our unique three-pronged strategy of acquisitions, carve-outs and greenfield development, we’ve built a strong portfolio of data centres across key Asian markets such as China, Singapore, Indonesia and India,” he said.
According to Structure Research, Greater Tokyo’s hyperscale colocation market is expected to reach $1.6 billion by 2025, growing at a CAGR of 25.1% between 2021 and 2025.
