Egyptian-Emirati partnership to develop data center with $2.1B investments
Elsewedy Data Centers signed a Memorandum of Understanding (MoU) with the Emirati Gulf Data Hub to develop Africa's largest data center complex in Egypt.
The MoU also aims to strengthen their bilateral cooperation in the field of information technology and digital infrastructure in the region.
The joint project aims at creating a $2.1 billion data centers hub, through developing 3 world-class data centers complexes split between 3 different locations across the country, with a total storage capacity of 192 megawatts, and a total power load of 300 megawatts in 5-7 years, according to a press release.
It added that the execution is planned to be through 4 stages. Each of the 3 avant-garde complexes will adopt Tier III standards - according to Uptime Institute classification.
The press release revealed that cooperation will also take place between the data centers and all telecom operators and internet service providers in the Arab Republic of Egypt, the data centers will also be connected to the other data centers owned and operated by GDH in KSA, UAE and rest of their data centers globally to enhance their role as a connection point and a regional center for data.