IT Infrastructure provider Equinix (NASDAQ: EQIX) announced yesterday that it is investing $45 million USD in the construction of a 32,000sf (2,900m2) data center scheduled to open in the first half of 2023.
Globally, Equinix operates 240 data centers in 71 markets, and this new Colombian center continues its $2 billion of investment in Latin America since 2011. Initially, this data center, designated “BG2” will have a capacity for 550 cabinets, and space to grow up to 1,100 cabinets.
“We chose to invest in Colombia because the country has a fast-growing IT sector and is part of the fourth-largest economy in LATAM,” said Tara Risser, President, Americas, Equinix. “The country’s economy has boomed over the past decade, driven by thriving energy and manufacturing sectors. We believe the country is also well positioned to support businesses looking to expand within LATAM, while also staying closely connected to North America. BG2 is another example of our commitment to provide our customers with the right places, partners and possibilities for their digital transformations now and into the future.”
This BG2 data center will have direct connectivity to Equinix’s existing BG1 facility in Bogotá, and low latency routes to the Equinix MI1 Miami IBX data center and the Miami Internet Exchange, which itself has 150 tenants exchanging in excess of 500 Gbps of data.
Equinix says it expects to market BG2 to managed service, network and content service providers seeking to expand their presence in South America. Colombia boasts 11 submarine fiber optic cable landings allowing for redundant, high capacity communications.
”We’ve continued to see demand from companies in Colombia due to its accelerated pace of innovation and digital transformation. The construction of a new data center will help us to support Colombian digital leaders on their digital infrastructure journey and, of course, also those who want to become the digital leaders of the future,” explained Equinix LATAM Managing Director Eduardo Carvalho.