Polibeli Signs Non-Binding MOU to Evaluate Potential AI Data Center Opportunity in Indonesia

Polibeli Group Ltd. (NASDAQ: PLBL), a global digital supply chain solutions provider, announced that it has entered into a non-binding Memorandum of Understanding (MOU) with PT Grosirone Prima Nusantara, an Indonesia-based project development and coordination company, to evaluate a potential artificial intelligence (AI) data center opportunity in Indonesia.

Under the MOU, the parties intend to establish a preliminary framework for cooperation and assess the feasibility of potential AI data center development. The evaluation process is expected to include analysis of infrastructure conditions, including existing colocation data center facilities, power availability, cooling systems, network connectivity, and overall commercial feasibility. The contemplated project may involve a planned capacity of up to approximately 10 megawatts (MW), with an initial phase potentially ranging between approximately 2 MW and 5 MW, subject to further technical, commercial, and regulatory assessments.

The Company emphasized that the MOU is non-binding and is intended solely to facilitate preliminary discussions, information exchange, and feasibility evaluation. The agreement does not represent a commitment to construct a facility, purchase equipment, lease a data center, or make any capital investment. Any future development of the potential project would be subject to successful completion of due diligence, internal approvals, financing arrangements, regulatory requirements, and the execution of definitive agreements.

Indonesia has become an increasingly important market for digital infrastructure development, driven by growth in cloud computing, artificial intelligence applications, and demand f...