Colo provider Equinix on Wednesday announced the opening of its new data center in Switzerland.

Located in Zürich, the facility represents the company’s fifth in the area.

Meanwhile, it’s just phase one of the overall project. The initial construction will account for 11,200 square feet.

The ZH5 International Business Exchange will provide for cloud, financial services, enterprises and content.

“This expansion in Switzerland underlines Equinix’s leadership in the market and our continued commitment to provide state-of-the art IBX data centers in strategic geographic locations to help our customers grow. With two of the largest internet exchanges in Switzerland at their disposal, customers will have immediate access to leading levels of network density and ecosystems, which will enable them to reduce costs, benefit from enhanced performance and add value to their business,” stated Equinix managing director Marco Dottarelli via a press release.