STT GDC Investing $1.56B for QC, Cavite Data Centers

The data center arm of the Ayala Group has invested up to $1.56 billion for the construction of new data hubs in Metro Manila and Cavite, banking on booming demand for digital infrastructure.

- By BRIX LELIS

Ayala-backed ST Telemedia Global Data Centers (STT GDC) Philippines is on track to operate the 124-megawatt STT Fairview in Quezon City and the six-MW STT Cavite 2 later this year.

Asked about the investment, company president and CEO Carlo Malana estimated around "$11-12 million" per MW to develop a greenfield data center facility.

"Usually, you'll find data center costs are done in dollars per MW... It can be a little bit less; it can be a little bit more, depending on how big it goes," Malana told reporters yesterday.