Mirae Asset Focuses on Infrastructure Suppliers Amid Indonesia’s US$13 Billion Data Center Growth

Mirae Asset Investment Management is targeting infrastructure suppliers rather than operators amid the expansion of Indonesia’s data centre industry, which is projected to grow to US$13 billion and reflects a shift in investment focus within the sector.

Indonesia’s Data Centre Market Expands Rapidly

Indonesia’s data centre industry has been expanding significantly, driven by increased demand for digital services and cloud computing. The market size is expected to reach US$13 billion, with substantial investments in infrastructure upgrades and capacity expansion across the country.

Mirae Asset Targets Infrastructure Suppliers Over Operators

According to Mirae Asset, infrastructure suppliers — companies providing physical hardware, networking components and construction services — present more sustainable investment opportunities compared to data centre operators themselves. This approach aligns with the growing need to develop robust facilities able to support increasing data traffic.

Investment Rationales Include Supply Chain and Deployment Benefits

Mirae Asset’s strategy recognises that suppliers benefit directly from the ongoing surge in data centre construction and upgrade projects, which encompass power, cooling, and specialised ICT equipment. This not only stabilises demand but also diversifies risk compared to operator-focused investments, which are more susceptible to market competition and leasing dynamics.

Implications for Industrial Operations in Asia-Pacific

The prioritisation of infrastructure suppliers has operational significance for facilities management and maintenance within the data centre ecosystem. Enhanced supplier capacity can improve equipment availability, standardise quality, and streamline deployment timelines — factors critical to maintaining reliable and efficient data centre services amid the sector’s rapid growth.

This supply-focused lens may also affect workforce requirements, emphasising engineering and manufacturing skills related to infrastructure components over operational staffing.

Regional Growth Drives Supply Chain Expansion

The scale of investment in Indonesia points to broader trends in the Asia-Pacific region, where data consumption and digitalisation are accelerating. This growth encourages supply chain localisation and the development of specialised infrastructure providers to meet demand efficiently and support the expanding digital economy.

Future Developments to Watch

Mirae Asset indicated it will monitor how infrastructure supply chains evolve and how regulatory frameworks in Indonesia will support data centre expansion. The company’s focus suggests a trend towards partnerships and capital allocation in infrastructure segments that underpin the sector’s capacity and resilience.