Egypt: The Emirati group Khazna Data Centers has announced that it will invest 250 million dollars in the construction of a hyperscale data center

The Emirati group Khazna Data Centers announced, in a press release published on May 8, that it would invest 250 million dollars in the construction of a hyperscale data center in Egypt, in association with the local company Benya Group.

This first hyperscale data center in Egypt will be installed on an area of 40,000 m2 in the technological park of Maadi, a business district located in the south of Cairo, the same source said. It will have a capacity of 25 megawatts (MW).

According to the terms of the joint venture agreement signed by the Emirati data center operator’s managing director, Hassan Al Naqbi, and the Egyptian digital solutions provider’s CEO, Ahmed Mekky, construction of the data center is expected to start this year. to be completed in 2025.

In a separate press release, Benya Group said the capacity of the data center is expected to be increased to 50MW at a later stage.

Hyperscale data centers (DCH) are large data centers owned and operated by large data producing companies.