Singapore and Vietnam Firms Launch $1B Hyperscale Data Centers in Ho Chi Minh City's Saigon Hi-Tech Park

Ho Chi Minh City authorities have granted investment certificates for two hyperscale data centers totaling nearly $1 billion in partnership with Singaporean firms.

These projects aim to bolster Vietnam's digital infrastructure for cloud computing, AI, and big data processing.

Project Details and Capacities

The Evolution DC VN HCMC data center, backed by a consortium of Singapore's Hathor, Frontier, and Evolution, represents a $508.8 million investment with 52MW capacity.

Meanwhile, the Starmason facility, a joint venture between Singapore's Sembcorp Development and Vietnam's BB Holdings, involves $480.26 million and offers 60MW of power.

Both centers are located in the Saigon Hi-Tech Park, a hub for high-tech investments in HCMC.

Technological Excellence and Standards

Designed to Uptime Tier III standards and upgradable to Tier IV, these facilities ensure high reliability and efficiency.

This development follows a series of prior investments, including Sembcorp's earlier data center plans and over $7 billion in AI infrastructure commitments to Vietnam.

Economic Impact and Future Prospects

The projects are expected to create jobs, enhance data security, and attract global ICT providers to Vietnam.

By supporting AI and big data needs, they position HCMC as a regional digital powerhouse amid Southeast Asia's booming tech sector.

Future expansions could include further upgrades and additional facilities, signaling sustained growth in Vietnam-Singapore tech collaborations.

Alongside the data centers, approvals were given for a $160 million biomedical center by Tam Anh and an $81 million factory expansion by Techtronic Tools.