GDS plans HK$1.5B investment in new data centres

GDS, a mainland information-technology services group backed by the World Bank, aims to invest more than HK$1.5 billion to build two advanced data centres in Hong Kong.

Privately held GDS, which is based in Beijing, intends to develop a primary facility and a backup site to meet the offshore requirements of its principal customers on the mainland, including more than 150 Chinese financial institutions.

via Business feed http://www.scmp.com/business/companies/article/1137513/gds-plans-hk15b-investment-new-data-centres