THE country is expected to have installed a 516-megawatt (MW) capacity of data centers by 2028, Fitch Solutions unit BMI said.
THE country is expected to have installed a 516-megawatt capacity of data centers by 2028, Fitch Solutions unit BMI said.In its commentary released to the press on Friday, BMI said there were over 400 MW of committed data center capacity from companies over the past 10 months.'Notable recent data center investments in the Philippines have been announced by STT, ePLDT and a joint venture between PAG and Ayala Corp. In July 2024, the latter JV managed to secure the first tranche of a P10.
The bulk of this capacity is made an investment announced in June 2024 for an unnamed data center campus in the Tarlac area hosting up to 300 MW, with no further details disclosed at the time of writing,' BMI added.Aside from serving the local market, cross-border capacity leasing could be a new opportunity for the Philippines, it said.
Data Centers To Hit 516 MW By 2028
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