EXECUTIVE INSIGHT
diverse geographies to disrupt the data centre market with agility and innovation . Our strategy prioritises identifying emerging markets and investing in nextgeneration facilities that integrate cutting-edge technologies like liquid cooling and AI-driven management systems to meet the evolving demands of the digital economy .
Exciting developments include our planned expansion into APAC markets , where rapid digital growth positions us as a key player in global data infrastructure . This includes our recent investment of US $ 1bn ( 32 billion Baht ) in overall upcoming data centre projects in Thailand to meet the rising demands of advanced AI technology and data processing capabilities , in a strategic JV with ProEn . In total , we have committed to 55MW to support digital transformation in APAC .
We are also advancing strategic partnerships , such as our joint venture with Vodafone to build a state-of-the-art data centre in Izmir , Türkiye . With an estimated US $ 100m investment and a capacity of 6MW , this facility is set to be operational by 2025 , supporting Türkiye ’ s digital transformation .
In the Middle East , EDGNEX is spearheading significant projects , including multi-tenant colocation facilities delivering 55MW Saudi . Phase 1 in Riyadh , with a committed capacity of 5.2MW fully let , is nearing operational status , while Dammam is set to launch with limited white space availability . We are also planning additional capacity expansions in Saudi Arabia and new locations to support our long-term growth strategy .
DAMAC remains committed to delivering high-quality , scalable and sustainable data centre solutions while exploring collaborative opportunities through partnerships and joint ventures to strengthen our global footprint .
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