Direct investment in data centres on the Chinese mainland reached approximately $880 million during the first half of 2021, ranking first in the Asia-Pacific region, according to a recent report.
The report, released by the CBRE Group, showed that the direct investment in data centres in the Asia-Pacific region amounted to $1.8 billion during the period, equivalent to 80 per cent of last year’s total. This amount of investment in the Asia-Pacific region is estimated to set a new record, breaking the previous record performance in 2020.
“Thanks to 5G commercialisation, the rapid development of the online economy during the pandemic and the government’s support for new infrastructure, data centres are becoming increasingly favoured by investors,” Sam Xie, head of CBRE research in China, said. “Data centre investment on the mainland will continue its growth throughout the rest of the year because long-term trends such as tech innovation and consumption upgrades will only become increasingly important in the strategy of investors.”