Dubai: The Dubai-based Damac Group’s data center ambitions is taking it to Thailand.
Its entity, Edgnex Data Centers, is committing $1 billion on multiple data center projects in Thailand, which will be overseen via a joint venture with Proen Corp.
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Dubai: The Dubai-based Damac Group’s data center ambitions is taking it to Thailand.
Its entity, Edgnex Data Centers, is committing $1 billion on multiple data center projects in Thailand, which will be overseen via a joint venture with Proen Corp. Edgnex will have 70% in the joint venture and will also manage the data center operations.
The data center project will add up to a total potential capacity of 20MW. The first phase, comprising 5 MW of capacity, is to be operational in early 2025. This data center will be a ‘carrier-neutral facility’ with a Tier III uptime certification. (Further details of the joint venture are to be finalizes before the end of this year.)
“We are excited to expand our investment further into Southeast Asia and specifically into Thailand, a country that has shown immense potential for…