The post DCI Indonesia, Tycoon Anthoni Salim’s Gallant Venture Building Data Center Hub Near Singapore appeared on BitcoinEthereumNews.com. Otto Toto Sugiri, cofounder and president director of DCI, speaks at the Forbes Global CEO Conference held in Jakarta on October 14 and 15, 2025. Forbes Asia DCI Indonesia and Gallant Ventures—the developer of resorts and industrial parks controlled by tycoon Anthoni Salim and his family—are jointly building a gigawatt-scale data center complex on Bintan Island to tap into the booming demand for cloud computing and artificial intelligence applications in nearby Singapore. The partners are developing the data center project on a 700-hectare site on Bintan Island, a predominantly tourist resort destination that’s less than an hour by ferry from Singapore, one of the hottest data center markets in the Asia Pacific and host to global tech giants including Amazon, Facebook, Google and Microsoft. The Bintan data center park should attract regional and global players due to its proximity to Singapore, said Otto Toto Sugiri, co-founder and president director of Jakarta-listed data center operator DCI. The partners will sell or lease land in the complex to hyperscalers and cloud computing companies, while DCI also will also build its own facility on one of the plots, Sugiri says on the sidelines of the Forbes Global CEO Conference held in Jakarta on Oct 14 and 15. The Bintan complex will be ready by 2027 and will initially tap electricity from fossil fuel-fed power plants before transitioning into renewable electricity from the 2-gigawatt solar farm and 900-megawatt gas-fired power plants Gallant Venture is developing. Sugiri says having a stable supply of electricity is critical for data centers given the voracious power consumption of such facilities. “We are major land owners and utility infrastructure providers for both resorts and industrial parks,” Eugene Cho Park, CEO of Gallant Venture, tells Forbes Asia via text message. “The project with DCI combines our strengths.” Salim—who holds interest… The post DCI Indonesia, Tycoon Anthoni Salim’s Gallant Venture Building Data Center Hub Near Singapore appeared on BitcoinEthereumNews.com. Otto Toto Sugiri, cofounder and president director of DCI, speaks at the Forbes Global CEO Conference held in Jakarta on October 14 and 15, 2025. Forbes Asia DCI Indonesia and Gallant Ventures—the developer of resorts and industrial parks controlled by tycoon Anthoni Salim and his family—are jointly building a gigawatt-scale data center complex on Bintan Island to tap into the booming demand for cloud computing and artificial intelligence applications in nearby Singapore. The partners are developing the data center project on a 700-hectare site on Bintan Island, a predominantly tourist resort destination that’s less than an hour by ferry from Singapore, one of the hottest data center markets in the Asia Pacific and host to global tech giants including Amazon, Facebook, Google and Microsoft. The Bintan data center park should attract regional and global players due to its proximity to Singapore, said Otto Toto Sugiri, co-founder and president director of Jakarta-listed data center operator DCI. The partners will sell or lease land in the complex to hyperscalers and cloud computing companies, while DCI also will also build its own facility on one of the plots, Sugiri says on the sidelines of the Forbes Global CEO Conference held in Jakarta on Oct 14 and 15. The Bintan complex will be ready by 2027 and will initially tap electricity from fossil fuel-fed power plants before transitioning into renewable electricity from the 2-gigawatt solar farm and 900-megawatt gas-fired power plants Gallant Venture is developing. Sugiri says having a stable supply of electricity is critical for data centers given the voracious power consumption of such facilities. “We are major land owners and utility infrastructure providers for both resorts and industrial parks,” Eugene Cho Park, CEO of Gallant Venture, tells Forbes Asia via text message. “The project with DCI combines our strengths.” Salim—who holds interest…

DCI Indonesia, Tycoon Anthoni Salim’s Gallant Venture Building Data Center Hub Near Singapore

Otto Toto Sugiri, cofounder and president director of DCI, speaks at the Forbes Global CEO Conference held in Jakarta on October 14 and 15, 2025.

Forbes Asia

DCI Indonesia and Gallant Ventures—the developer of resorts and industrial parks controlled by tycoon Anthoni Salim and his family—are jointly building a gigawatt-scale data center complex on Bintan Island to tap into the booming demand for cloud computing and artificial intelligence applications in nearby Singapore.

The partners are developing the data center project on a 700-hectare site on Bintan Island, a predominantly tourist resort destination that’s less than an hour by ferry from Singapore, one of the hottest data center markets in the Asia Pacific and host to global tech giants including Amazon, Facebook, Google and Microsoft.

The Bintan data center park should attract regional and global players due to its proximity to Singapore, said Otto Toto Sugiri, co-founder and president director of Jakarta-listed data center operator DCI. The partners will sell or lease land in the complex to hyperscalers and cloud computing companies, while DCI also will also build its own facility on one of the plots, Sugiri says on the sidelines of the Forbes Global CEO Conference held in Jakarta on Oct 14 and 15.

The Bintan complex will be ready by 2027 and will initially tap electricity from fossil fuel-fed power plants before transitioning into renewable electricity from the 2-gigawatt solar farm and 900-megawatt gas-fired power plants Gallant Venture is developing. Sugiri says having a stable supply of electricity is critical for data centers given the voracious power consumption of such facilities.

“We are major land owners and utility infrastructure providers for both resorts and industrial parks,” Eugene Cho Park, CEO of Gallant Venture, tells Forbes Asia via text message. “The project with DCI combines our strengths.” Salim—who holds interest in both DCI and Gallant Venture—is among the wealthiest in Indonesia with a net worth of about $13 billion that he shares with his family.

DCI has invested over $900 million since 2011 to develop about 120 megawatts of data center capacity in and around Jakarta. It may need to invest up to $18 billion to expand to its long-term target of 1.9 gigawatts across Indonesia and other countries, based on the current capex of as much as $10 million required to develop 1MW of capacity, according to the company’s estimates.

“DCI will expand our operational capacity in line with client demand, which is growing rapidly to serve the needs of Indonesia and Southeast Asia’s digital transformation: cloud and AI,” Sugiri says.

Sugiri cofounded DCI with Marina Budiman (now DCI’s president commissioner) and Han Arming Hanafia in 2011 and listed the company a decade later. Since its market debut, DCI’s stock price has climbed more than 600 times, turning the cofounders into multi-billionaires. DCI is the second most valuable publicly traded company on the Jakarta Stock Exchange with a market capitalization of about $39 billion, next only to lending giant Bank Central Asia, which is owned by billonaire brothers R. Budi Hartono and Michael Hartono.

“With over 220 million Internet users [in Indonesia], there’s an increasing need for localized data storage and processing,” Sugiri says, noting that e-commerce and social media platforms such as Facebook, Shopee and TikTok are expanding their footprint in Indonesia.

Source: https://www.forbes.com/sites/ardianwibisono/2025/10/27/dci-indonesia-tycoon-anthoni-salims-gallant-venture-building-data-center-hub-near-singapore/

Market Opportunity
NEAR Logo
NEAR Price(NEAR)
$0.9453
$0.9453$0.9453
-1.17%
USD
NEAR (NEAR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

UAE’s Central Bank Approves the DSSC Stablecoin Launch by IHC, FAB, and Sirius

UAE’s Central Bank Approves the DSSC Stablecoin Launch by IHC, FAB, and Sirius

The post UAE’s Central Bank Approves the DSSC Stablecoin Launch by IHC, FAB, and Sirius appeared on BitcoinEthereumNews.com. CBUAE has approved the dirham-backed
Share
BitcoinEthereumNews2026/02/13 04:30
Unyielding Challenges Stall US Crypto Bill Progress

Unyielding Challenges Stall US Crypto Bill Progress

The post Unyielding Challenges Stall US Crypto Bill Progress appeared on BitcoinEthereumNews.com. The enduring quest to establish a regulatory framework for cryptocurrencies
Share
BitcoinEthereumNews2026/02/13 04:04
Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!

Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple!

Buterin unveils Ethereum’s strategy to tackle quantum security challenges ahead. Ethereum focuses on simplifying architecture while boosting security for users. Ethereum’s market stability grows as Buterin’s roadmap gains investor confidence. Ethereum founder Vitalik Buterin has unveiled his long-term vision for the blockchain, focusing on making Ethereum quantum-secure while maintaining its simplicity for users. Buterin presented his roadmap at the Japanese Developer Conference, and splits the future of Ethereum into three phases: short-term, mid-term, and long-term. Buterin’s most ambitious goal for Ethereum is to safeguard the blockchain against the threats posed by quantum computing.  The danger of such future developments is that the future may call into question the cryptographic security of most blockchain systems, and Ethereum will be able to remain ahead thanks to more sophisticated mathematical techniques to ensure the safety and integrity of its protocols. Buterin is committed to ensuring that Ethereum evolves in a way that not only meets today’s security challenges but also prepares for the unknowns of tomorrow. Also Read: Ethereum Giant The Ether Machine Takes Major Step Toward Going Public! However, in spite of such high ambitions, Buterin insisted that Ethereum also needed to simplify its architecture. An important aspect of this vision is to remove unnecessary complexity and make Ethereum more accessible and maintainable without losing its strong security capabilities. Security and simplicity form the core of Buterin’s strategy, as they guarantee that the users of Ethereum experience both security and smooth processes. Focus on Speed and Efficiency in the Short-Term In the short term, Buterin aims to enhance Ethereum’s transaction efficiency, a crucial step toward improving scalability and reducing transaction costs. These advantages are attributed to the fact that, within the mid-term, Ethereum is planning to enhance the speed of transactions in layer-2 networks. According to Butterin, this is part of Ethereum’s expansion, particularly because there is still more need to use blockchain technology to date. The other important aspect of Ethereum’s development is the layer-2 solutions. Buterin supports an approach in which the layer-2 networks are dependent on layer-1 to perform some essential tasks like data security, proof, and censorship resistance. This will enable the layer-2 systems of Ethereum to be concerned with verifying and sequencing transactions, which will improve the overall speed and efficiency of the network. Ethereum’s Market Stability Reflects Confidence in Long-Term Strategy Ethereum’s market performance has remained solid, with the cryptocurrency holding steady above $4,000. Currently priced at $4,492.15, Ethereum has experienced a slight 0.93% increase over the last 24 hours, while its trading volume surged by 8.72%, reaching $34.14 billion. These figures point to growing investor confidence in Ethereum’s long-term vision. The crypto community remains optimistic about Ethereum’s future, with many predicting the price could rise to $5,500 by mid-October. Buterin’s clear, forward-thinking strategy continues to build trust in Ethereum as one of the most secure and scalable blockchain platforms in the market. Also Read: Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? The post Vitalik Buterin Reveals Ethereum’s Bold Plan to Stay Quantum-Secure and Simple! appeared first on 36Crypto.
Share
Coinstats2025/09/18 01:22