Vietnam’s data center market is attracting foreign investors due to high demand, according to the Jones Lang LaSalle (JLL)’s market report.
International developers and operators are beginning to enter the Vietnamese market, including notable projects like the 20 MW facility by Gaw Capital in Saigon Hi-Tech Park, a 30 MW project by Singapore-based Worldwide DC Solution, and a partnership between Japanese telecom giant NTT with DQ Tek.
According to the JLL, the interest is driven by Vietnam’s strategic geographical location, dynamic economic policies, a young tech-savvy population, and the need for data localization.
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