Gaw Capital in partnership to tap into Korea Internet data centre market
“The surging interest for data centres in Asia Pacific continues to grow as a result of boosted Internet usage driven by the pandemic,” says Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
According to a press release on April 26 announcing the deal, Gaw Capital claims that this collaboration will additionally grow the Dreamline telecom business as well as marks the initial step for Gaw Capital to use the Korean IDC market.
Gaw Capital Partners has recently authorized arrangements with IMM Investment Corp, a Korean exclusive equity firm, to use the Korea Internet data centre (IDC) market.
The contracts will see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, as well as develop a mutual critical partnership with IMM Investment Corp to grow Dreamline, a Korean telecommunications service provider that handles Dreammark1 as its subsidiary.
Across The Globe, Gaw Capital’s data centre profile consists of data centres in China, Indonesia, Japan, and also currently South Korea. The exclusive equity company says that it will certainly remain to choose chances to increase its IDC visibility in South Korea.