Data Volt launches a database in Saudi Arabia at a cost of $ 3.5 billion

The company “Data Volt” intends to announce a sustainable data centers in Saudi Arabia at a cost of $ 3.5 billion before the end of this year, according to Rajit Nanda CEO Rajit Nanda. In an interview with ‘Al -Sharq’, Nanda signed on the sidelines of the ‘Investment Future Initiative’ held in Riyadh, to start working in the project during the second quarter of 2025, indicating that the company will finance the process of completely, and then it will attract foreign investment directly into the form of partnerships. He noted that the appetite in the Saudi market is ideal for data centers. The company chairman, Badi Badmanathan, revealed in an interview with “Al -Sharq” in March that the company’s investment in the Kingdom will exceed $ 5 billion to build sustainable and innovative data centers.