Consortium Proposes $2 Billion Hyperscale Data Centre in Ho Chi Minh City

G42 plans $2bn 'hyperscale' data centre in Vietnam

Consortium with local partners G42 visited Vietnam in March Ho Chi Minh City location Abu Dhabi’s G42 is reportedly planning to build a $2 billion hyperscale data centre in Vietnam’s Ho Chi Minh City. The proposal, which has not yet been accepted, would see G42 partner with local partners including FPT Corp, investment firm VinaCapital and Viet Thai Group, Reuters reported. Authorities in the city are seeking opinions from the prime minister on …

Consortium proposes $2 billion hyperscale data centre in Ho Chi Minh City

A consortium of G42 Technology (major shareholders include the sovereign wealth fund of the United Arab Emirates and US-based Microsoft), FPT Corporation, VinaCapital investment fund, and Viet Thai Investment Group, is behind the proposal. “The project is designed to provide comprehensive AI solutions and advanced infrastructure for cloud service users across Asia and the globe,” according to the report, which was submitted to the PM on July 6. …

G42 teams up to set up $2b hyperscale data centre in Vietnam

Project awaits Prime Minister's approval, as local authorities are seeking guidance on its implementation