Elsewedy Data Centers and the Emirati Gulf Data Hub have inked a Memorandum of Understanding to develop Africa’s largest data center complex in Egypt and strengthen their bilateral cooperation in the field of information technology and digital infrastructure in the region.
The announcement came during on the side-lines of the World Government Summit (WGS).
The MoU was signed by Ahmed El Sewedy, non-executive chairman- El Sewedy Data Centers, and Tarek Mohammad Al Ashram, CEO and Founder of Gulf Data Hub.
The joint project aims at creating a USD 2.1 billion data centers hub, through developing 3 world-class data centers complexes split between 3 different locations across the country, with a total storage capacity of 192 megawatts, and a total power load of 300 megawatts in 5-7 years. The execution is planned to be through 4 stages. Each of the 3 avant-garde complexes will adopt Tier III standards – according to Uptime Institute classification.
Abdel Rahman El Sewedy – CEO – Elsewedy Data Centers, “Our investment with Gulf Data Hub is another milestone in our digital infrastructure expansion plan. We couldn’t have complemented our track record of successes without the unceasing support and sound guidance of the Egyptian government, along with The Egyptian Ministry of Communications and Information Technology (MCIT).”
Tarek Al-Ashram, CEO of Gulf Data Hub, stated: “Elsewedy Data Centers and Gulf Data Hub’s joint venture aims at providing a global carrier neutral data center in Egypt and the Middle East, ensuring our regional long-standing leadership in storing entities’ sensitive data and mission critical equipment, to enable our customers to focus on their core business through credible performance measures. There is no doubt that our partnership with Elsewedy Data Centers will enable us to achieve our goal and reinforce our dedication to meeting the needs of each customer every time.”
Cooperation will also take place between the data centers and all telecom operators and internet service providers in the Arab Republic of Egypt, the data centers will also be connected to the other data centers owned and operated by GDH in KSA, UAE and rest of their data centers globally to enhance their role as a connection point and a regional center for data. All data centers are green and will be licensed and certified by the LEED international organization concerned with preserving the environment.
This project is expected to attract many private sector companies, banks, ministries, local Egyptian government institutions, as well as many international companies.
