Gaw Capital in partnership to tap into Korea Internet data centre market
Gaw Capital Partners has already authorized contracts with IMM Investment Corp, a Korean exclusive equity firm, to use the Korea Internet data centre (IDC) market.
The contracts will certainly see Gaw Capital make a critical investment in Dreammark1, a nine-storey IDC, along with establish a shared tactical partnership with IMM Investment Corp to expand Dreamline, a Korean telecommunications service provider that has Dreammark1 as its subsidiary.
According to a press release on April 26 announcing the offer, Gaw Capital says that this partnership will certainly further develop the Dreamline telecom company and notes the first step for Gaw Capital to tap into the Korean IDC market.
Worldwide, Gaw Capital’s data centre portfolio makes up data centres in China, Indonesia, Japan, and now South Korea. The exclusive equity company says that it will certainly continue to seek chances to expand its IDC visibility in South Korea.
“The rising interest for data centres in Asia Pacific remains to expand because of increased Internet use driven by the pandemic,” states Kok Chye Ong, head of IDC Platform, Asia (ex-China), of Gaw Capital Partners.