GST, an integrated information and communication technology infrastructure solutions provider, is pleased to announce that its wholly owned Singapore subsidiary, EMS Wiring Systems Pte Ltd (“EMS”), has entered into an agreement for the installation of a data centre in Singapore valued at circa US$1 million. This is equivalent to three times the average monthly turnover of the Company during the same period for the 2018 financial year. The scope of the agreement with an international data centre company, includes a data centre security cage system, a server rack system, and Mechanical, Electrical and Plumbing (MEP) works, to be completed in one month. 451 Research predicts, in their fifth annual report, that Singapore’s colocation and wholesale data centre market will reach US$1 billion in revenue by 2021.
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