The two have signed an MoU to build the Kemet Data Center in the Suez Canal Economic Zone
INTRO Technology and Oman Data Park have signed a strategic MoU to build the Kemet Data Center in the Suez Canal Economic Zone. INTRO is the technology arm of INTRO Holding and parent company of Advansys and Forte Cloud.
The value of the build is said to be $450 million and is the first strategic partnership between the two companies. It is intended to support cloud solutions, IoT and digital transformation for regional and international markets, particularly in Africa and the Middle East.
The new data centre will span 80,000 square metres and will be developed in two phases. The parties say the by “Leveraging Egypt’s advanced infrastructure and its position as a key regional hub, the centre will provide a secure and efficient platform for businesses to manage both regional and global operations”.
Kemet will partially rely on solar energy: Oman Data Park will provide commercial services, overseeing the centre’s design, construction, and management.
Advansys will host the data centre’s staff and experts, handling legal procedures, equipment importation, and design through its Centre of Excellence to expedite the project.
Mamdouh Abbas, Chairman of INTRO Holding, emphasised the partnership’s importance in expanding INTRO Technology’s presence in the Middle East and Africa.
He also stressed the data centre’s role in advancing Egypt’s digital transformation goals as part of its 2030 vision.