December 22, 2024

Oman Data Park And Intro Technology Alliance Signs USD 450Mn Kemet Data Center Project

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Oman Data Park and INTRO Technology signs $450mln strategic MoU to establish Kemet Data Center in the Suez Canal Economic Zone. Image Source-Oman Data Park
Oman Data Park and INTRO Technology signs $450mln strategic MoU to establish Kemet Data Center in the Suez Canal Economic Zone. Image Source-Oman Data Park

Oman Data Park (ODP), Oman’s leading data center and cloud services provider, has signed a landmark Memorandum of Understanding (MoU) with INTRO Technology, the technology arm of INTRO Holding, to establish the Kemet Data Center in the Suez Canal Economic Zone. 

According to Industry sources, with an overall volume of USD$450Mn, this MoU displays the first strategic partnership between the two companies focused on offering cloud solutions, Internet of Things (IoT), and digital transformation for regional and international markets, particularly in Africa and the Middle East.

Oman Data Park and INTRO Technology sign $450mln strategic MoU
Oman Data Park and INTRO Technology sign $450mln strategic MoU

Industry sources added that the Kemet Data Center, built over 80,000 sqm, will be developed in two phases. It will offer critical infrastructure for businesses looking for cost-effective, scalable cloud solutions, faster data processing, and enhanced latency all essential components for improving user experience and business efficiency.

Industry sources further confirmed that the center’s strategic location in Egypt and its advanced digital infrastructure make it an ideal platform for companies seeking secure and efficient cloud-based operations. As part of its sustainability drive, the facility will incorporate solar energy, reducing its carbon footprint while delivering cutting-edge services.

Industry sources also confirmed that Oman Data Park’s role in the project comprises offering commercial services like overseeing the design, consulting on the construction, and managing the day-to-day operations of the center. This partnership displays ODP’s ongoing efforts to support the region’s digital transformation and economic growth, reinforcing its position as a key player in the technology and cloud services sector.

Eng. Maqbool Al Wahaibi, CEO of Oman Data Park, expressed his excitement about the partnership, stating: “This strategic collaboration with INTRO Technology marks a significant milestone for Oman Data Park as we expand our presence in the region. The Kemet Data Center will not only enhance our capability to serve the growing demand for digital transformation but will also contribute to the economic development of the Middle East. We are proud to bring our expertise in cloud services and data center management to this project and look forward to creating innovative solutions that meet the evolving needs of businesses globally.”

Mr. Mamdouh Abbas, founder and Chairman of INTRO Holding, commented on the partnership, stating: “By partnering with Oman Data Park, we combine our deep expertise in cloud solutions with their extensive experience in data center services. The Kemet Data Center will be a cornerstone in driving Egypt’s digital transformation and further cement the country’s role as a vital hub for cloud and data services across the region.”

Industry sources further added that via this alliance, Oman Data Park and INTRO Technology are well-positioned to meet the growing requirements for cloud services, IoT, and digital transformation solutions, utilizing Egypt’s strategic location, and robust digital infrastructure.

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