Oman Data Park and INTRO Technology Forge $450 Million MoU for Kemet Data Center

Oman Data Park has signed a $450 million MoU with INTRO Technology to establish the Kemet Data Center in Egypt’s Suez Canal Economic Zone. This strategic partnership, aimed at enhancing cloud services and digital solutions in Africa and the Middle East, will feature advanced infrastructure and incorporate solar energy to reduce carbon emissions.

Oman Data Park (ODP), a prominent provider of cloud services and data center operations in Oman, has recently formalized a strategic Memorandum of Understanding (MoU) valued at $450 million with INTRO Technology, a division of INTRO Holding. This collaborative effort seeks to establish the Kemet Data Center within the Suez Canal Economic Zone. The signing of this MoU marks a significant milestone in the partnership between the two entities, aimed at delivering innovative cloud solutions, Internet of Things (IoT) applications, and facilitating digital transformation across African and Middle Eastern markets. The Kemet Data Center is poised to be constructed over an expansive area of 80,000 square meters and will be developed in two distinct phases. It is anticipated to provide vital infrastructure essential to businesses seeking scalable, cost-effective cloud solutions that offer expeditious data processing and reduced latency, all of which are crucial for enhancing user experiences and operational efficiencies. Its strategic positioning in Egypt, accompanied by state-of-the-art digital infrastructure, renders it an ideal site for enterprises desiring secure and efficient cloud operations. Moreover, in line with sustainability initiatives, the facility will integrate solar energy solutions to mitigate its carbon footprint while providing advanced services. Eng. Maqbool Al Wahaibi, Chief Executive Officer of Oman Data Park, expressed enthusiasm regarding this partnership, stating, “This strategic collaboration with INTRO Technology marks a significant milestone for Oman Data Park as we expand our presence in the region. The Kemet Data Center will not only enhance our capability to serve the growing demand for digital transformation but will also contribute to the economic development of the Middle East. We are proud to bring our expertise in cloud services and data center management to this project and look forward to creating innovative solutions that meet the evolving needs of businesses globally.” Oman Data Park will oversee comprehensive commercial services, including design supervision, consulting during construction, and operational management of the Kemet Data Center. This initiative underscores ODP’s commitment to facilitating digital transformation and economic advancement in the region, affirming its status as a pivotal player in the technology and cloud services sector. Mr. Mamdouh Abbas, Founder and Chairman of INTRO Holding, elaborated on the collaboration, noting, “By partnering with Oman Data Park, we combine our deep expertise in cloud solutions with their extensive experience in data center services. The Kemet Data Center will be a cornerstone in driving Egypt’s digital transformation and further cement the country’s role as a vital hub for cloud and data services across the region.” In summary, through this collaborative endeavor, Oman Data Park and INTRO Technology are strategically positioned to fulfill the increasing demand for cloud and IoT services while leveraging Egypt’s advantageous location and robust digital frameworks.

The establishment of the Kemet Data Center as a joint venture between Oman Data Park and INTRO Technology is a strategic move aimed at expanding cloud service provisions within the growing markets of Africa and the Middle East. With the increasing reliance on digital infrastructures, organizations are now prioritizing the need for cost-effective, efficient, and secure cloud solutions. This partnership not only signals Oman Data Park’s commitment to technological advancement but also reinforces Egypt’s role in the larger narrative of regional digital transformation.

In conclusion, the strategic MoU between Oman Data Park and INTRO Technology to create the Kemet Data Center represents a significant development in cloud services and digital infrastructure in the region. With an emphasis on sustainability and advanced technological solutions, this initiative is poised to drive economic growth and digital transformation, positioning both companies at the forefront of the evolving cloud service landscape.

Original Source: www.zawya.com


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