Megawide enters data center businessMANILA, Philippines — Armed with a huge war chest with the sale of a portion of its stake in the Mactan Cebu International Airport (MCIA) to the Aboitiz Group, Megawide Corp. will initially invest around P7 billion to expand into the data center business. Megawide chairman Edgar Saavedra said the company’s first data center would be in Cavite with a capacity of up to 30 megawatts. A data center is a facility that provides shared access to applications and data using a complex network, computer, and storage infrastructure. Such data center facilities help ensure the data is both secure and highly available. Industrial parks are ideal locations for data centers because of their power capacity that can support data centers’ electricity requirements.

Source: Philippine Star January 12, 2023 16:49 UTC