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Golden Saint Technologies

Singapore’s rush to build data centres lures more Chinese firms

Hong Kong , long known as the gateway to China, is seeing competition heat up with Singapore in efforts to attract more mainland companies that invest in data centre services for their international expansion.

Land-strapped Hong Kong has only three new data centres expected to go online over the next three years to support growing co-location activity, compared with seven new facilities planned in Singapore over the same period, according to Canadian research and consulting firm Structure Research.

“Singapore is increasingly being chosen as the preferred location over Hong Kong by major information-technology services, infrastructure and outsourcing providers,” Structure Research senior analyst Jabez Tan said.

Golden Saint Technologies Ltd (LON:GST), through its subsidiary, EMS Wiring Systems Pte. Ltd, provides services in the “Smart Building” sector including Data Centers, Infrastructure Monitoring Systems, Surveillance Camera Systems (CCTV) and Eco & Intelligent Lighting.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.