SM+ has begun construction on the $300 million SMX01 data center in Jakarta, aiming to meet the growing digital infrastructure demand in Southeast Asia.
Target Information
SM+, supported by Sinar Mas, has officially commenced the construction of SMX01, a state-of-the-art data center poised to enhance connectivity in Jakarta's Central Business District. In partnership with Korea Investment Real Asset Management (KIRA) and LG Sinar Mas, this facility represents a significant investment exceeding $300 million. SMX01 is designed to be AI-ready, addressing the burgeoning demand for digital infrastructure in Southeast Asia, where the digital economy is anticipated to reach $1 trillion by 2030.
Set to begin operations in the second half of 2026, SMX01 encompasses nearly 15,500 square meters of data hall white space, engineered for a diverse range of client needs, from enterprise to global hyperscale companies. With reliable infrastructure supporting up to 2,400 racks across eight data halls, SMX01 offers high scalability and customization to accommodate various data center demands, including high-density power requirements for AI and machine learning applications.
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Industry Overview in Indonesia
The digital landscape in Indonesia is rapidly evolving, driven by a surge in internet adoption and mobile connectivity. The realm of digital services is poised for expansive growth, with significant investments pouring into infrastructure d
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Korea Investment Real Asset Management (KIRA)
invested in
SMX01
in 2025
in a Joint Venture deal
Disclosed details
Transaction Size: $300M