Under this agreement, the three parties will work together to build the Fujitsu South China Data Centre to be located in the Guangdong High-tech Service Zone for Financial Institutions and launch professional data centre services such as co-location services, data backup services and disaster preparedness services, Fujitsu noted.

The new data centre will offer system application management and maintenance through contracted service; IT support management, bank back-office service and data processing service, according to the vendor.

"The Nanhai People's Government and Fujitsu have signed the MOU of strategic partnership. With the strong support of government leaders and departments at all levels, both parties have finally made the first step towards concrete co-operation, which is certainly worth celebrating," said Wang Ling, Deputy Mayor of Foshan. "The signing also demonstrates great confidence of both parties in the economic development of Guangdong Province."