Itochu expands into data centers, targets 10 facilities across Japan

Trading house hopes to work with JR East through new joint venture

Itochu is looking to build data centers and lease them to tech companies before eventually selling them off. (Source photos by Itochu and Nikkei)

TOKYO — Japanese trading house Itochu will enter data center development, investing several hundred billion yen (100 billion yen equals $632 million) by 2030 to build around 10 facilities in Japan to be leased to U.S. tech giants and others.

Source: Read the original article on asia.nikkei.com