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HomeTechOracle mulls data center investment in Indonesia's Batam Island, Bloomberg News reports

Oracle mulls data center investment in Indonesia’s Batam Island, Bloomberg News reports

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(Reuters) -Oracle Corp is in discussions with the Indonesian government to establish a cloud services center in the country’s Batam Island, Bloomberg News reported on Friday, citing people familiar with the matter.

Nongsa Digital Park in Batam is favoured as a location considering its “free trade zone” status and its proximity to city-state of Singapore and Malaysia, where Oracle already has plans for similar cloud service businesses, the report said.

In early October, Oracle had said it planned to invest more than $6.5 billion to set up its first public cloud region in Malaysia.

Oracle, Indonesia’s Investment ministry and Communication ministry did not immediately respond to Reuters’ request for comments.

The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned “from Japan all the way down to New Zealand… all the way to India”, Garrett Ilg, Oracle’s executive vice president for Japan and Asia Pacific, had told Reuters in a statement earlier.

Oracle also has two existing cloud computing facilities in Singapore and currently has 50 public cloud regions across 24 countries, according to its website.

(Reporting by Devika Nair in Bengaluru; Editing by Rashmi Aich)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content.

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