Data centers in the Philippines are expected to double in the medium term to more than 300 megawatts of available capacity for hyperscalers, real estate services firm Santos Knight Frank said Thursday.
SKF said in its latest report the Philippines is now one of Asia Pacific’s top data destinations.
“According to Knight Frank’s global survey, and Santos Knight Frank concurs with, Manila has just under 164 MW of total IT capacity including live, in the early stage, committed and under construction. Not only have we had delegations coming over to check out the data center segment in the Philippines, there are Philippine delegations going overseas, talking to the hyperscalers,” Santos Knight Frank president Rick Santos said in a briefing.
Santos said the firm saw a number of select delegations of hyperscalers come to the Philippines and more than 12 groups consulted with SKF on the investment climate for data centers in the Philippines.
The Philippines joined the list of 7 top data center destinations in the Asia Pacific, led by Shanghai, China with 1,183 MW; Singapore with 1,065 MW; Tokyo, Japan with 998 MW; Hong Kong, 454 MW; Sydney, Australia with 453 MW; Mumbai, India with 222 MW; and the Philippines with 163 MW.
“The local developers are willing to go into joint ventures because there is international best practices that make sense, that pretty much guarantee there can be no downtime in these data facilities. I think, we’ll see a flurry of activity as new data centers come online,” Santos said.