Chunghwa Telecom Co., Ltd., currently Taiwan’s No.1 telecom carrier, will invest NT$13 billion (US$406 million at US$1:NT$32) to build an Internet data center (IDC) powered by the cloud computing technology in 2010.

The center is said to be the island’s biggest cloud computing-based IDC as soon as it starts operation in 2013. Also, the IDC plan is the first step of Chunghwa`s effort to set up the largest confluence center for Chinese-text data in the Asia-Pacific region.

The center is to be constructed on an 8,000-ping site in Taipei County in northern Taiwan.

Tenants of the center will include Taiwan Securities Exchange Corp., GreTai Securities Market, Taiwan Depository and Cleaning Corp., and Taiwan Futures Exchange, which will use the facility to extend their services to overseas customers.

Chunghwa executives said the center will offer various IDC services, including server leasing, server co-location land leasing and equipment leasing, to target multinational enterprises and big-name Internet companies as its customers.

The company estimates the center to significantly boost its IDC revenue, which now reaches NT$1 billion (US$31 million) a year. It expects investment in the planned center to see return in four to five years of the center’s inception.

More Info: http://www.taiwanheadlines.gov.tw/ct.asp?xItem=174219&CtNode=39