Press Release

Jakarta, May 8, 2026 — SM+ Data Centers, Korea Investment Real Asset Management (KIRA), and LG Sinar Mas (LGSM) marked a key milestone in the development of SMX01 with a topping-off ceremony in Jakarta. This achievement signals strong progress as the flagship data center moves toward its Ready for Service (RFS) target in the fourth quarter of 2026.

SMX01 is an AI-ready, connectivity-rich facility located in Jakarta’s Central Business District. The project is a collaboration between SM+ Data Centers, KIRA, and LGSM to deliver secure, scalable infrastructure designed to support the growth of the digital economy in Indonesia and Southeast Asia.

The topping-off of SMX01 marks not only the completion of a major construction phase, but also reflects SM+ Data Centers’ continued evolution beyond a national edge data center network into a hyperscale-ready flagship metro facility in Jakarta. This development strengthens SM+ Data Centers’ position in addressing growing demand for cloud, enterprise, and AI infrastructure, as organizations increasingly require secure, scalable, and well-connected computing capacity.

For LGSM, this milestone also demonstrates its end-to-end capabilities in designing, building, and operating large-scale data center projects. Through SMX01, LGSM brings LG CNS’s global engineering standards to Indonesia. This synergy is critical, as next-generation data center development requires not only physical capacity, but also operational readiness, system integration, and engineering discipline from the earliest stages.

Amid rising demand for digital infrastructure, SMX01 is being developed to support cloud adoption, AI and machine learning workloads, local data processing requirements, and low-latency enterprise connectivity. Positioned as an AI-ready, enterprise-grade, hyperscale-capable, and carrier-neutral facility, SMX01 is expected to contribute global-standard infrastructure capacity to Jakarta’s digital ecosystem.

The strengthening of SMX01’s ecosystem is further reflected in SM+ Data Centers’ earlier Memorandum of Understanding with the Indonesian Internet Service Providers Association (APJII), aimed at expanding interconnection and enabling access to carrier-neutral infrastructure ahead of operations. This reinforces SMX01’s role within a broader connectivity ecosystem designed to support cloud, AI, and high-capacity digital services in Indonesia.

“SMX01 represents an important step in SM+ Data Centers’ journey to strengthen Indonesia’s digital infrastructure ecosystem. Building on the edge data center network we have developed across the country, SMX01 will serve as a flagship facility designed to support enterprise, hyperscale, cloud, and AI workloads at the center of Indonesia’s digital economy. With this topping-off milestone, we are one step closer to delivering a facility that is ready to meet customer needs as it enters the Ready for Service phase,” said Herson Suindah, President Director and Group CEO of SM+ Holdings.

“The topping-off of SMX01 marks an important milestone in the development of a strategic digital infrastructure asset in Indonesia. As an investment partner, KIRA sees SMX01 as having strong long-term fundamentals to support the growing need for secure, reliable, and globally standardized data center capacity. We are proud to support this project together with SM+ Data Centers and LG Sinar Mas,” said Yong Sik Kim, CEO of KIRA

As the Design and Operation Partner of SMX01, LG Sinar Mas emphasized that this milestone reflects its commitment to advancing Indonesia’s digital infrastructure ecosystem.

“For LG Sinar Mas, the topping-off of SMX01 is not merely a construction milestone, but a validation of our ability to deliver design, build, and operate capabilities for next-generation data centers in Indonesia. From the outset, SMX01 has been designed to address increasingly complex requirements, from cloud adoption and data-intensive workloads to AI infrastructure readiness. This milestone brings us closer to Ready for Service in Q4 2026, while reinforcing our commitment to supporting Indonesia’s digital economy with secure, scalable, and global-standard infrastructure,” said Donghyup Han, CEO of LG Sinar Mas.

Moving forward, SMX01 will enter the next phase of development, including the completion of key supporting systems, data hall readiness, as well as testing and commissioning to meet targeted operational standards. These activities will be carried out progressively to ensure full readiness ahead of its RFS timeline in the fourth quarter of 2026.

With this milestone, SM+ Data Centers and its partners reaffirm their commitment to supporting Indonesia’s digital transformation through reliable, global-standard infrastructure aligned with the evolving needs of the digital economy.

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About SM+

Founded in 2023 and based in Jakarta, SM+ is a digital infrastructure and services platform backed by Sinar Mas, one of Indonesia’s largest conglomerates. It operates under PT Dian Swastatika Sentosa Tbk. the parent company of Sinar Mas’ Energy & Infrastructure business pillar. SM+ Data Centers segment owns and manages 25 data centers across Indonesia, totaling nearly 40 MW of combined IT load capacity in operations and under development. SM+ Technology Solutions segment operates as an IT services provider and systems integrator through LG Sinar Mas joint venture.

About KIRA
Korea Investment Real Asset Management (KIRA) is an asset management company specializing in investment and fund management in alternative assets, including real estate and infrastructure. As of December 2024, KIRA’s assets under management (AUM) reached over US$5 billion. KIRA is a direct subsidiary of Korea Investment Holdings (KIH), the first non-bank financial holding company in Korea with total assets of US$66.8 billion as of 2023

About LG Sinar Mas
LG Sinar Mas (LGSM) is a joint venture between LG CNS, a South Korea’s major IT services and data center company, and SM+, the data center and digital unit of Sinar Mas, one of Indonesia’s multisectoral business leaders. LGSM focuses on technology transformation for the financial services, telecommunications, and industrial sectors in Indonesia, with capabilities spanning Business Application Services, Data & AI, and IT Operations & Infrastructure. These capabilities are anchored by SMX01, a Tier IV AI-Ready Data Center that serves as a global-standard infrastructure foundation to support high-performance computing, data security, and enterprise scalability in Indonesia.