Gaw Capital in partnership to tap into Korea Internet data centre market
Worldwide, Gaw Capital’s data centre portfolio makes up data centres in China, Indonesia, Japan, and now South Korea. The exclusive equity company states that it will certainly remain to seek out possibilities to expand its IDC existence in South Korea.
According to a statement on April 26 revealing the offer, Gaw Capital claims that this alliance will better increase the Dreamline telecommunications service as well as notes the first step for Gaw Capital to tap into the Korean IDC market.
Gaw Capital Partners has already authorized contracts with IMM Investment Corp, a Korean exclusive equity firm, to tap into the Korea Internet data centre (IDC) market.
“The rising demand for data centres in Asia Pacific remains to grow due to enhanced Internet usage driven by the pandemic,” states Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.
The arrangements will certainly see Gaw Capital make a tactical investment in Dreammark1, a nine-storey IDC, as well as establish a shared tactical partnership with IMM Investment Corp to expand Dreamline, a Korean telecommunications service provider that holds Dreammark1 as its subsidiary.