Singapore's Sembcorp gets 4.5 ha in Ho Chi Minh City for $480M data center

AI Summary

Singapore’s Sembcorp has acquired nearly 4.5 hectares in Ho Chi Minh City’s Saigon Hi-Tech Park for $480 million to build a hyperscale data center under a land use term until 2076. This significant investment supports Vietnam’s digital infrastructure expansion.

Ho Chi Minh City has leased nearly 4.5 hectares in the Saigon Hi-Tech Park to Starmason JSC to build a hyperscale data center, under a land use term running to 2076.