SG's GIC, Equinix form $525m JV to build data centres in Korea

SG's GIC, Equinix form $525m JV to build data centres in Korea

REUTERS/Anshuman Daga

Equinix, the world’s digital infrastructure company, has partnered with GIC, Singapore’s sovereign wealth fund to form a $525 million joint venture to develop and operate two xScale data centres in South Korean capital Seoul, according to an announcement.