UAE-based technology firm G42 is spearheading a $2 billion investment to build a hyperscale data centre in Vietnam. The project underscores the UAE’s growing influence in Southeast Asia’s technology sector and its ambition to lead regional innovation.
The UAE data centre investment involves strategic partnerships with leading Vietnamese companies. G42 will collaborate with FPT Corp., VinaCapital, and Viet Thai Group to develop the high-tech facility in Ho Chi Minh City. This alliance combines the UAE’s expertise in digital solutions with Vietnam’s strong local market knowledge.
The UAE data centre investment reflects G42’s strategy to expand globally in response to rising demand for cloud services and AI infrastructure. Vietnam’s fast-growing digital economy makes it an ideal location for hyperscale data centres.
On the contrary, authorities in Ho Chi Minh City are currently consulting with the Prime Minister for final approval. Once approved, the project will begin planning and construction phases, supported by local and international teams.
Furthermore, this data centre investment also aligns with Vietnam’s digital transformation goals. The government seeks to attract foreign investors in technology and strengthen its position as a digital hub in Southeast Asia.
However, G42’s involvement highlights the UAE’s role in exporting advanced technologies and expertise to global markets. The project will create new opportunities for both UAE and Vietnamese businesses, strengthening bilateral economic ties.
Additionally, the data centre will support critical industries such as artificial intelligence, big data analytics, and cloud computing. These sectors are essential for powering modern economies and driving innovation.
By leading this $2 billion project, G42 reinforces the UAE’s vision of becoming a global technology leader. It also demonstrates how UAE firms are contributing to economic growth in emerging markets like Vietnam.
The UAE data centre investment sets the stage for future collaborations in Southeast Asia and beyond. It showcases the UAE’s commitment to fostering innovation and building world-class digital infrastructure worldwide.
