Alfanar Global Development plans to invest $1.4 billion in four data centers in Saudi Arabia, enhancing cloud computing and AI capabilities, with a focus on sustainability. This initiative supports the Kingdom’s Vision 2030 and aims to position Saudi Arabia as a leader in data storage.
Alfanar Global Development is set to invest $1.4 billion in developing four data centers in Saudi Arabia, announced during the LEAP 2025 event. These facilities will be strategically located in Riyadh and Dammam, supporting cloud computing and AI-driven solutions for both the public and private sectors. While specifics on capacity and timelines remain limited, Alfanar emphasizes a commitment to sustainability and efficiency in alignment with the Kingdom’s environmental objectives.
Amer Al Ajmi, the executive vice president, stated that the project signifies a meaningful contribution to Saudi Arabia’s Vision 2030. He highlighted the importance of building a secure, scalable digital infrastructure to enhance the Kingdom’s digital economy and attract global businesses, aiming to position Saudi Arabia as a leader in data storage and technological innovation.
Alfanar is recognized as a global project developer with ongoing initiatives across various sectors, including energy and healthcare, in multiple countries including Saudi Arabia, Bahrain, and Spain. The company has previously completed four data center projects in Saudi Arabia for various clients, with the largest having a capacity of 1MW.
The major data center markets in Saudi Arabia are concentrated in Dammam, Riyadh, and Jeddah. This sector is experiencing increased developer interest, seen in recent announcements from companies such as DataVolt and Equinix. Additionally, Microsoft has completed a cloud region construction in Saudi Arabia, set to go live in 2026, while other cloud providers like Google, AWS, and Oracle are either established or expanding in the region.
Alfanar’s $1.4 billion investment in data centers highlights a significant step towards enhancing Saudi Arabia’s digital infrastructure. With a focus on sustainability and efficiency, these centers aim to support the growing demands of cloud computing and AI solutions, contributing to the national goals outlined in Vision 2030. The overall interest from other tech giants signifies a robust future for the Kingdom’s digital economy.
Original Source: www.datacenterdynamics.com
