Nomura sees Indonesia colocation capacity rising sixfold by 2030
Nomura analyst Ahmad Maghfur Usman says Indonesia colocation data-center capacity is expected to grow six times between 2026 and 2030, even after potential construction delays. Nomura initiates coverage of Total Bangun Persada with a buy rating and a target price of 2,000 rupiah.
Indonesia’s colocation data-center capacity is projected to expand sixfold from 2026 to 2030, even after allowing for possible construction delays, according to Nomura analyst Ahmad Maghfur Usman in a note. Nomura initiates coverage of Total Bangun Persada at buy with a target price of 2,000 rupiah.