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Expansion will support digital transformation, central to the UAE’s economic ambitions and which has accelerated during the Covid-19 pandemic.
Founder and Editor, The Tech Capital
January 31, 2021 | 11:49 AM GMT
UAE wholesale data centre provider Khazna has unveiled plans to build multiple data centres and increase its capacity five-fold over the next four years to provide digital infrastructure as companies and government agencies accelerate digitisation.
The operator currently runs two facilities in Abu Dhabi and one in Dubai with a combined capacity of 40 megawatts. Under the new expansion plan, Khazna expects to have a total of 200 megawatts of IT load capacity by 2023.
The company said multiple new data centres will be built in locations across the UAE and additional capacity will be increased at its current sites.
Hassan Al Naqbi, Chief Executive Officer of Khazna, said: “This significant expansion will support the economic ambitions of the UAE in the coming years. The UAE government and private sectors are pressing ahead with digital transformation, which has gathered pace in the last year through necessity.
“The experience of remote working and the growth of online services during the global pandemic has underlined the importance of robust, state-of-the-art digital infrastructure. Demand for flexible, scalable and secure data storage is increasing rapidly, and this trend will continue as smart city and smart government projects gather momentum, cloud computing adoption grows and 5G networks are rolled out.”
Khazna, which was established in 2012, has grown into one of the largest wholesale data centre providers in the Middle East and North Africa region.
The expansion over the next four years will enhance Khazna’s capability to deliver a wider range of solutions and capability to answer digital and data growth plans from customers.
The UAE and the wider Middle East region are set to experience a boom in data centre construction projects. According to Arizton, over US$4 billion cumulative investment will be witnessed in the Middle East data centre market during 2020-2025.
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