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HSBC is the latest bank to build Sydney data centre

HSBC is joining the growing list of big banks and technology giants setting up data centres in and around Sydney. The new project will link communications between Sydney and the HSBC base in Hong Kong, as well as grow the bank locally.

HSBC’s new project is expected to open in the fourth quarter and is worth up to A$30 million, although the bank did not confirm this. HSBC also boasts the largest data centre in Asia with a site area of approximately 48,000 sq m with corresponding gross floor area of about 57,200 sq m. It is yet to be disclosed how large the Sydney data centre will be.

Source: Business Review

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