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Why Hong Kong is losing ground in AI data centre race as Malaysia, Singapore advance

Why Hong Kong is losing ground in AI data centre race as Malaysia, Singapore advance
Key Points

From large factory premises in Tseung Kwan O to compact, multilayered industrial buildings in Kwai Chung, data centres are spreading into every corner of Hong Kong. The outlook once appeared promising. Property consultancy Cushman & Wakefield ranked the city the fourth-best data centre market globally in 2023, while the government had branded Hong Kong a “prime location for data centres”.

From large factory premises in Tseung Kwan O to compact, multilayered industrial buildings in Kwai Chung, data centres are spreading into every corner of Hong Kong. The outlook once appeared promising. Property consultancy Cushman & Wakefield ranked the city the fourth-best data centre market globally in 2023, while the government had branded Hong Kong a “prime location for data centres”. But reality has been less kind. Hong Kong was not even among the top 10 Asia-Pacific markets in the...
Hong Kong (LOCATION) AI (ORG) Malaysia (LOCATION) Singapore (LOCATION) Kwai Chung (LOCATION) Cushman & Wakefield (ORG) Asia-Pacific (LOCATION)
Originally published by South China Morning Post Read original →