K2 Data Centres have partnered in a joint venture ("JV") to own, develop and operate hyperscale data centres in Indonesia, as well as building Indonesia's digital infrastructure talent and capabilities. The JV's first development, K2 Data Centre Jakarta 1 Campus ("K2 JKT 1 Campus"), will comprise of four (4) data centre facilities in Bekasi Regency, Greater Jakarta. Strategically situated in close proximity to international cloud service providers' data infrastructure, the campus will deliver 58.8MW of IT capacity at full build.

Having recently commenced construction, the first phase of the K2 JKT 1 Campus will be ready for service in early 2024 and will be Uptime Institute Tier III (TCDD & TCCF) and LEED Gold certified. In addition, the JV has a second availability zone with a campus development of similar scale in the pipeline located in Karawang Regency, Greater Jakarta. The JV between K2 and SML is a mutual recognition of the increasing long-term demand for data centre capacity tailored for core and hyperscale requirements in Jakarta.

The partnership looks forward to leveraging K2's and SML's expertise. SML as Indonesia's foremost real estate developer and owner of prime industrial estates, including data centre clusters, will bring its extensive capabilities in facilities and infrastructure management. K2 JKT 1 Campus will extend K2's proven track record of delivery and operating at world-leading service levels to Indonesia.