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Smart Cities

The Tech Capital Korean and Middle Eastern investors line up to finance resort data centre

Indonesia’s latest mage-project, a mega resort town named Lido city, is set to incorporate a data centre and tech park to cater to the IT needs of the city. MNC Group is leading the data centre project part of a Techno Park in the resort city via its real estate development subsidiary PT MNC Land Tbk. PT MNC Land Lido, a further subsidiary but this time of PT MNC Land ...

October 14

The Tech Capital Data centres green-lighted for new $500bn Saudi smart city

Saudi Arabia’s mega-project Neom has moved into a new phase of development as data centres are set to begin to be built in the futuristic smart city. Two national companies, Neom Co., which shares the name with the city project, and FAS Energy, a subsidiary of the FawazAlhokair Group, were rubber-stamped by the General Authority of Competition of Saudi Arabia (GAC) to dev...

October 07

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