Colt Data Centre Services has broken ground on a new data center outside Osaka, Japan.

The 42,000 sqm (452,000 sq ft), 45MW facility will be located in Keihanna Science City, in the Kansai area outside Osaka.

The company said it has broken ground on the new facility, which will be ready for operations in early 2023.

“The acquisition of this site is another stake in the ground for us, demonstrating the momentum of our hyperscale strategy and cementing our foothold in APAC,” said Padraig MacColgain, VP Head of APAC at Colt DCS.

“This land was not originally available for purchase by a data center operator due to Keihanna Science City being an area designated for research and development activities. However, we received immense support from the Kyoto Prefectural authorities to help make our acquisition possible and want to thank them greatly for their support.”

In July, Japanese conglomerate Mitsui and investment firm Fidelity formed a joint venture to build hyperscale data centers in Japan that would be operated by Fidelity-owned Colt.

“Mitsui is very pleased to celebrate the ground-breaking for the first data center project in Keihanna. Starting with this exciting project, Mitsui hopes to further strengthen our partnership with Fidelity and Colt for our JV,” Shinsuke Waka, GM of the financial business division, Mitsui & Co, said.

This week, Colt also announced it had added seven Mainland China Exchanges to its Market Data Services portfolio. Customers can access Market Data services, available directly from within Hong Kong Stock Exchange’s (HKEX) colocation facility, for the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), China Financial Futures Exchange (CFFEX), and Zhengzhou Commodity Exchange (ZCE). Market Data services for the Shanghai Futures Exchange (SHFE), Dalian Commodity Exchange (DCE), and Shanghai International Energy Exchange (INE) will be added in Q3 2021.