Dubai-based global digital infrastructure company EDGNEX Data Centers by DAMAC has announced a joint venture with PROEN Crop Plc, Thailand’s leading technology provider, to invest US$1 billion (32 billion baht) in several data centre projects in the kingdom.
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Dubai-based global digital infrastructure company EDGNEX Data Centers by DAMAC has announced a joint venture with PROEN Crop Plc, Thailand’s leading technology provider, to invest US$1 billion (32 billion baht) in several data centre projects in the kingdom.
With a 70% stake in the joint venture, EDGNEX will lead the operation in data services to fulfill increasing needs in AI technology and data processing in the Southeast Asian region, DAMAC founder Hussain Sajwani said during a press event this week.
He added that expanding DAMAC’s investment in Southeast Asia is an exciting opportunity as Thailand possesses significant potential in innovation, digital and smart technology. As a world leader in property development and data centres, the company is committed to promoting the growing digital economy in the kingdom, he said.
Speaking at the…