HANOI - Singapore asset manager Keppel and Vietnamese conglomerate Sovico Group are discussing plans for new undersea fibre-optic cables that would boost the region's data centre industry, people familiar with the discussions said.
South-east Asian countries, a major junction for cables connecting Asia to Europe, are seeking to expand their networks to meet booming demand for artificial intelligence (AI) services and data centres.
Vietnam alone plans to have 10 new sub-marine cables by 2030.
Under one plan under discussion, a cable would be laid to link Vietnam directly with Singapore, five people directly involved or briefed on the matter said.
It would cost US$150 million (S$202 million), according to one source with direct knowledge of the talks.
This option is favoured by Sovico, but talks with Keppel on the direct cable are in flux and no agreement has been reached yet, two sources with direct knowledge said.
They added that Keppel prefers a more ambitious cable plan involving a consortium of investors.
この記事は The Straits Times の December 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は The Straits Times の December 14, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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