Southeast Asia ‘most exciting market’; data centers to grow 2.7 times: ABB President

Jeeo, what is the most uh compelling, challenging and exciting uh market for you within uh Southeast Asia and is all of this building towards uh a pan aan power grid and is that ultimately uh going to help and smooth the integration what you do? >> Yeah, I do believe that Southeast Asia is one of the most exciting market in the world is the most growing market in the world. If you just look from the AI standpoint, we talk about that the growth perspective within the next within the next 5 years is going to grow 2.7 times what is today. That is the most growing 24% every single year population in all Asia we are talking about 60% of the worldwide population is is here. So is exciting the I data center is exciting the utility and in particular for the I data center Japan, Malaysia, Australia, Indonesia and India are the five most growing uh country for the data center and will absorb roughly 77% of the total $280 billion of investment that will happen within 2030 in the I data