- The construction of the new data centre is expected to commence later this year, with completion targeted for within the coming three years.
- The planned data centre marks the first in a series of hyper-scale data centres that the collaboration plan to introduce to the Egyptian market in the future, aiming to leverage Egypt’s strategic location.
UAE’s Khazna Data Centers has signed the joint venture shareholding agreement with Benya Group to step up the first hyper-scale data centre in Egypt on first day of the Cairo ICT 2023 event.
The project will be located at Egypt’s Maadi Technology Park, Egypt’s first specialised investment zone.
“We are thrilled to mark this occasion with the signing of the shareholders agreement with Benya Group. This collaboration represents a pivotal step in our continued efforts to boost digital infrastructure not only in the UAE, but also the wider region, laying the groundwork for a technologically advanced future,” Hassan Alnaqbi, CEO Khazna Data Centers, said.
Moreover, he said the new data centre will provide crucial support to businesses in Egypt seeking to expand internationally, offering solutions that cater to the needs of multinational corporations striving to grow and innovate in the Middle East and North African markets.
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The planned data centre marks the first in a series of hyper-scale data centres that the collaboration plan to introduce to the Egyptian market in the future, aiming to leverage Egypt’s strategic location.
It’s just the beginning
The construction of the new data centre is expected to commence later this year, with completion targeted for within the coming three years.
“We are eager to embark on the next phase of our partnership with Khazna Data Centers. This agreement that we are signing today mark an essential milestone in our journey to solidify our presence in constructing advanced data centres in the country, supported by our partner, Khazna Data Centers, who is renowned for its unparalleled expertise in this field,” Ahmed Mekky, Chairman and CEO of Benya Group, said.
“The establishment of this data centre will help Egypt to become a focal point for technological innovation and digital transformation, reaffirming its stature within the global digital landscape. It will also elevate operations in Africa and the Middle East, driving investments and fostering cloud computing and content systems.”
Meeting the escalating demand
The data centre will provide an additional 25 MW of IT load and is strategically positioned to meet the escalating demand for advanced digital infrastructure which enhances the digital resilience of enterprises.
In an era characterised by the rapid growth of data-driven by AI, the new data centre will become a critical asset poised to support Egypt’s growing digital ecosystem.
Egypt has recently undertaken a series of investments, digital government services reforms, and infrastructure upgrades to enhance the contribution of the Information and Communications Technology (ICT) sector to the country’s economic growth.