SHENZHEN, CHINA, 3 MARCH 2011- Independent telecommunications service provider Pacnet will develop an international cloud computing hub in Chongqing.
Pacnet will jointly develop this with Chongqing municipal government and has signed a memorandum of understanding (MOU) to this end.
Formerly known as Chungking, Chongqing is a major city in southwestern mainland China. Through this agreement between Pacnet and Chongqing government, the city will see the development of an IT hub to support industry and economic development in the region.
"We thank the Chongqing municipal government for their strong support and are excited to work with them to grow the cloud computing capabilities of Chongqing," said Richard Carden, senior vice president of sales, Pacnet and senior executives from the company." We look forward to sharing our telecommunications and data centre expertise to support Chongqing's vision of becoming a world-class cloud computing hub."
US$150 million investment
This project will be completed in three phases and the total investment for the first phase of development is estimated at around US$150 million.
Chongqing's new Cloud Computing Special Zone will be constructed in 10 sq km of land in the Liangjiang New Area. About three sq km of this space is reserved for the build out of state-of-the-art data centres and will be completed in three phases.
Pacnet notes that out of the total investment, about US$30 million will be used for the data centre build out as well as cloud computing-related software and equipment.
For this project, Pacnet will deliver a data centre with at least 1,500 racks to provide cloud computing services and will also be the strategic partner for the provisioning of international submarine cable capacity that will be connected through partners to the Chongqing Cloud Computing Special Zone.
"This strategic cooperation with Pacnet supports the goal of Chongqing to be at the forefront of the cloud computing industry in China," said Huang Qifan, mayor of Chongqing. "We will leverage Pacnet's global capabilities to attract multinational companies to Chongqing to achieve our goal to become China's
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