SEA Deal Ticker
Vietnam handed over the land without an auction: $508M and 52MW for Singapore-backed Evolution
Ho Chi Minh City granted 4.96 hectares in Saigon Hi-Tech Park on a 50-year lease running to 2076, for a hyperscale campus targeting 52MW of IT load.
Positive-sum angle: A fifty-year term is the thing Vietnam can offer that a cheaper power tariff cannot, and short land clocks are exactly what pushed one Singapore operator out of the country this week.