Real estate private equity firm Gaw Capital Partners and China-based Centrin Data’s joint venture of internet data centres (IDC) in the Huaqiao Economic Development Zone in Kunshan, Jiangsu, has been selected by the Ministry of Industry and Information Technology as one of the five special industrial demonstration bases — dedicated zones that prioritise smart manufacturing and the development of the digital economy among cities in the Yangtze River Delta.
The Chinese government has given the mandate to accelerate the construction of new infrastructure, such as 5G networks and data centers in the selected industrial zones.
The IDC in the Huaqiao Economic Zone is close to Shanghai, the leading city in the Yangtze River Delta, and sits 250km away for other key cities such as Hangzhou and Nanjing.
To date, the Huaqiao Economic Development Zone has brought together leading enterprises such as Tencent and Baidu.