Equinix will invest $40 million to expand its Hong Kong colo footprint, launching the third phase of its second International Business Exchange (IBX) data centre (HK2).

The company will also start the ninth expansion of its first data centre (HK1). Works are expected to be operational by Q4 this year.

The investment follows a 16% growth in the company’s content and digital media customers in 2014, as well as local demand from cloud, content and digital media (CDM) companies for data centre and interconnection services in Hong Kong.

HK2’s expansion will add 900 cabinets to the hub, bringing the total up to 2,350. HK1-IX will add 275 extra cabinets.

Alex Tam, managing director of Equinix Hong Kong said: "With the strong momentum of cloud and content companies deploying in Hong Kong, as well as data centre services demand from worldwide customers including many in China, it was a clear strategic business decision to expand our presence in Hong Kong.

"The investment in HK1 and HK2 further positions Hong Kong as an important regional hub, not only for financial services firms but for cloud and content companies as well."

Jesse Shang, senior vice president, China Unicom Hong Kong: "With our deployment in Equinix’s IBX data centre in Hong Kong, we’ve been able to connect with thousands of companies and tap into new business opportunities across various industries, ranging from enterprises to service providers. It has also enabled us to quickly and efficiently scale our services, providing telecommunication services to customers throughout Asia-Pacific and the Middle East."

PH Tang, CEO of Macroview Telecom: "We’ve seen uptake from customers wanting to deploy the latest network infrastructure and private cloud solutions. This made it natural for us to partner with Equinix thanks to its strong public cloud ecosystem and experience as a cloud enabler."