With a project value of $2,000 million, the ESR Cayman – OS Cosmosquare Data Center – Osaka project was the largest Data Center project in the Asia-Pacific, on which construction started in Q4 2022. The ESR Cayman – OS Cosmosquare Data Center – Osaka project is located in Japan and initially announced in Q2 2021 with an estimated completion in Q1 2026. The Greer Entp/ SK Engg – Bupyeong National Industrial Data Center – Incheon project was the second-largest project with a project value of $800 million, on which construction work started in Q4 2022. The Greer Entp/ SK Engg – Bupyeong National Industrial Data Center – Incheon project is located in South Korea and initially announced in Q2 2022 with an estimated completion in Q4 2024.
The Seraya Part – Gangnam Green Data Center 40 MW – Seoul project was the third-largest project, the Indonesia Gov – Kota Deltamas National Data Center – West Java was the fourth-largest project, and the Konami Creative Front Tokyo Bay – Tokyo was the fifth-largest project with a project value of $400 million, $164 million and $90 million respectively. The Seraya Part – Gangnam Green Data Center 40 MW – Seoul project located in South Korea was announced in Q3 2022 with an estimated completion in Q4 2024, the Indonesia Gov – Kota Deltamas National Data Center – West Java project located in Indonesia was announced in Q1 2020 with an estimated completion in Q2 2025 and the Konami Creative Front Tokyo Bay – Tokyo project located in Japan was announced in Q2 2022 with an estimated completion in Q2 2025.
Among the five largest projects, the ESR Cayman – OS Cosmosquare Data Center – Osaka project is the longest in terms of completion date, with construction expected to be completed in Q1 2026. On the other hand, the Greer Entp/ SK Engg – Bupyeong National Industrial Data Center – Incheon project is the shortest in terms of completion date, with construction expected to be completed in Q4 2024.
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