Indonesian Banks Provide Debt to BDx Indonesia for Growth
Three prominent Indonesian banks – BCA, Bank Permata, and Bank Bukopin – have come together to offer financial support to BDx Indonesia. This partnership aims to optimize BDx Indonesia’s capital structure and fuel its rapid expansion plans. The transaction, valued at IDR 2,625 billion, signifies a significant step towards establishing Indonesia’s premier data center operation. This move aligns with the Government’s Digital Roadmap and underscores a shared commitment to technological advancement.
Expanding Partnership for Digital Transformation
The collaboration between Indosat and BDx Indonesia, initiated in 2022, has paved the way for this strategic alliance. The infusion of capital from the Indonesian banks will further strengthen this partnership and accelerate the development of Indonesia’s digital infrastructure. FTI Capital Advisors played a pivotal role as the financial advisor to Indosat throughout this transaction.
Building an Interconnected Ecosystem
BDx Indonesia is focused on creating a robust interconnected ecosystem across its network of data centers. This ecosystem will facilitate seamless connectivity between enterprises, cloud providers, content delivery networks, and digital finance companies. Through Internet Exchanges, cloud onramps, and private interconnects, BDx Indonesia aims to drive digitalization enablement and enhance the overall digital experience for businesses and internet users.
Expansion and Upgrades for Enhanced Capabilities
BDx Indonesia has significantly expanded and upgraded its existing data centers in Jakarta and West Java. These facilities are equipped to handle high-density AI workloads powered by green hydropower and sustainable liquid cooling technology. With ample room for expansion within existing buildings and adjacent land parcels, BDx Indonesia is well-positioned to cater to the growing demand for data center services.
Future Growth Prospects
Post-transaction, BDx Indonesia will boast a total IT capacity of over 150MW across ten carrier-neutral colocation facilities in major Indonesian cities. Additionally, a new 15MW facility near Jakarta is under construction, with an estimated completion by Q4 2024. A 100MW hyperscale campus in East Jakarta and carrier-neutral edge sites across Indonesia will further solidify BDx Indonesia’s position as a key player in the digital infrastructure space.
Empowering Indonesia through Digital Innovation
By making significant investments in expanding the digital infrastructure, BDx Indonesia aims to meet the evolving needs of its customers and drive digital transformation across Indonesia. The focus on sustainable growth will not only create job opportunities but also foster educational initiatives and drive economic development, particularly in rural areas.
Leadership Perspectives
Vikram Sinha, President Director, and CEO of Indosat Ooredoo Hutchison, emphasized the importance of the collaboration in shaping Indonesia’s digital future. Mayank Srivastava, CEO of BDx, highlighted the company’s commitment to driving Indonesia’s digital transformation and becoming a preferred partner for digitalization.
Driving Digital Innovation
The partnership between Indosat and BDx Indonesia symbolizes a shared vision to connect and empower every Indonesian through innovative digital solutions. As data centers play a crucial role in driving economic growth, this collaboration sets a new benchmark for the nation’s digital transformation journey.
