Alfanar Global Development plans to invest $1.4 billion in four data centers in Saudi Arabia, located in Riyadh and Dammam. This initiative aims to bolster cloud computing and AI solutions while prioritizing sustainability. The company seeks to enhance the Kingdom’s digital infrastructure and contribute to Vision 2030, amidst a growing interest from other major tech players in the region.
Alfanar Global Development has announced an investment of $1.4 billion to develop data centers in Saudi Arabia. This initiative, unveiled during the LEAP 2025 event, includes plans for four strategically positioned data centers across Riyadh and Dammam. The centers are designed to enhance support for cloud computing and artificial intelligence-driven solutions for both public and private sectors.
While specific details regarding capacity and timelines remain limited, Alfanar emphasizes that these data centers will be built with a focus on sustainability and efficiency, aligning with the Kingdom’s green energy objectives. Amer Al Ajmi, executive vice president of Alfanar, remarked on the project’s significance in transforming the digital infrastructure of Saudi Arabia, thereby facilitating advancements in the digital economy and attracting global businesses.
Alfanar, described as a “global project developer,” is actively involved in various sectors such as energy, data centers, and healthcare across multiple countries including Saudi Arabia, Bahrain, and the UK. The company has previously completed four data center projects for notable Saudi organizations, including the Saudi Red Crescent Authority and the General Authority for Statistics, with the largest having a capacity of 1MW.
The data center landscape in Saudi Arabia is booming with significant interest from various developers. Major players like DataVolt and Equinix have announced data center projects this year, further solidified by Microsoft completing a cloud region in Saudi Arabia, set to go live in 2026. Other leading cloud providers, including Google, AWS, and Oracle, are also establishing or developing cloud regions in the Kingdom, showcasing its burgeoning status in the digital storage and technology arena.
The investment by Alfanar in Saudi Arabia’s data centers marks a significant step towards enhancing the Kingdom’s digital infrastructure. This initiative will support cloud computing and AI solutions while aligning with environmental goals. As the demand for data centers surges, the presence of major international tech companies further cements Saudi Arabia’s role as a leader in technology-driven innovation, suggestive of a bright future ahead in the digital economy.
Original Source: www.datacenterdynamics.com
