DBS, UOB disbursed Rp6.7t for DayOne and INA data center campus

DBS Bank subsidiary Bank DBS Indonesia and United Overseas Bank subsidiary Bank UOB Indonesia disbursed a loan facility of Rp6.7 trillion to fund the construction of a new data center campus in Indonesia that is being developed by data center operator DayOne and Indonesian sovereign wealth fund Indonesia Investment Authority (INA).

DayOne Chief Executive Officer Jamie Khoo stated that the loan facility is a recognition of the company's ability to deliver digital infrastructure quickly on a large scale.

"This historic funding is the largest rupiah-denominated [loan] facility ever obtained for data center development," he said  on June 8, 2025.

The proceeds from said loan will be used to develop and operate three data centers in the Nongsa Digital Park Special Economic Zone (SEZ), Batam City, Riau Islands Province. Jamie said that the campus will be home to the most sophisticated data center in Indonesia that is ready to support artificial intelligence (AI) technology, and it is also designed to support the next wave of digital transformation.

This data center also aims to be a digital bridge between Singapore and Indonesia. Its development is expected to open access for Singaporean companies to Indonesia's digital infrastructure and human resources. At the same time, it allows Indonesia to benefit from technological advances and investment flows from the island city-state.

The construction of the data center is targeted for completion by the end of 2025 and will have a combined information technology (IT) load capacity of 72.4 megawatts (MW), which is equivalent to 5 percent of Southeast Asia's 1.41 gigawatt (GW) projected total data center capacity by 2029.

DayOne and INA have formed a joint venture to encourage the growth and development of the data center landscape in Indonesia.