Equinix: Astra Establishes a Partnership With Equinix For a Data Center in Jakarta

Astra has joined Equinix's plans to develop a data center in Jakarta, Indonesia. This week, Astra and the colocation company announced a new joint venture, with Equinix holding 75 % of the new endeavor. The initial proposal for this joint venture is to build and operate a JK1 International Business Exchange (IBX) data center in Jakarta's central business district, followed by expansion in Indonesia. JK1 is scheduled to launch in the second half of 2024, will span eight floors, and is anticipated to provide more than 1,600 cabinets and more than 57,050 sq ft of colocation space. In October 2022, Equinix announced its intentions for JK1 and to invest $74 million in the endeavor. According to Equinix's Q4 2022 earnings presentation, the building will be leased after the first 575 racks are operational in Q4 2024. 

PT Astra International Tbk has over 270 subsidiaries, joint ventures, and associated entities in the automotive, banking sectors, construction machinery, mining, construction & energy, agribusiness, infrastructure & logistics, information technology, and real estate. President and CEO of Astra, Djony Bunarto Tjondro, stated that their collaboration with Equinix is based on expanding Indonesia's digital economy and Astra's commitment to accelerating the country's digital transformation. They hope that by offering advanced data center services that are more integrated, modern, readily accessible, and operated in accordance with the spirit and principles of sustainability, this joint venture will strengthen data center infrastructure and assist Indonesian businesspeople.