Equinix is investing $40m in expanding its datacentre estate in Hong Kong

American datacentre giant Equinix is looking to expand its cloud and colocation footprint in Hong Kong, the company announced this week.

Equinix said it will spend about $40m upgrading its existing Hong Kong datacentres, HK1 and HK2. The latest expansion of HK2 will provide space for an additional 900 cabinets, bringing the total capacity of the datacentre to 2,350 cabinets, while the HK1 expansion will add 275 cabinets.

The company said the upgrades should be completed by Q4, 2015.

“With the strong momentum of cloud and content companies deploying in Hong Kong, as well as datacentre services demand from worldwide customers including many in China, it was a clear strategic business decision to expand our presence in Hong Kong,” said Alex Tam, managing director, Equinix Hong Kong.

“The investment in HK1 and HK2 further positions Hong Kong as an important regional hub, not only for financial services firms but for cloud and content companies as well,” Tam said.

The company said it is expanding the datacentres to cater to growing demand for its cloud services, particularly from local content and media customers  – a client segment it said grew by about 16 per cent year on year.

Equinix seems to be on a streak in the Asia Pacific region and abroad, adding a third datacentre in Singapore in March this year and its first datacentre in Melbourne late last year.

Last month the company also added its sixth datacentre in London, and approached European datacentre incumbent Telecity Group about a potential acquisition.