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DATACENTRES
Khazna Datacentres , Benya Group sign MoU to set up datacentre in Maadi Technology Park
K hazna Data Centers , with the largest network of datacentres in Middle East and North Africa region , announced its plan to enter Egypt market with Benya Group . The $ 250M datacentre will be Egypt ’ s first hyper-scale datacentre and will be built at the Maadi Technology Park , Egypt ’ s first specialised investment zone .
With an expected capacity of 25MW of IT load , the datacentre will unlock opportunities for businesses in Egypt aiming to expand internationally , and targeting multinational corporations who are pursuing growth and innovation in the Middle East and North African markets .
Egypt has recently undertaken a series of investments , digital government services reforms , and infrastructure upgrades to enhance the contribution of the Information and Communications Technology , ICT sector to the country ’ s economic growth .
The inauguration of this datacentre will further address the need for a futureready digital infrastructure in Egypt where data demands have risen significantly in recent years . This will also support Khazna ’ s growth strategy into international markets , reinforcing its commitment to expand operations beyond the UAE .
Following the term sheet agreement between Khazna Data Centers and Benya Group to establish a joint venture to build Egypt ’ s first hyper-scale datacentre , an MoU was signed by Eng Ahmed Mekky , Chairman and CEO of Benya Group ; Hassan Al Naqbi , the CEO of Khazna Data Centers ; and Eng Amr Aboualam , Chairman of Maadi
Technology Park to secure land at Maadi Technology Park for the new datacentre .
The signing ceremony was attended by Hossam Heiba , President , General Authority for Investment and Free Zones , GAFI and Ambassador of the United Arab Emirates to Egypt HE Mariam Khalifa Juma Mohammed Alkaabi , who have previously discussed opportunities to attract Emirati investments to the Egyptian ICT sector and enhance cooperation between Egypt and the UAE in ICT fields .
The planned datacentre marks the first in a series of hyper-scale datacentres that the Benya Group and Khazna Data Centers collaboration plan to introduce to the Egyptian market in the future , aiming to leverage Egypt ’ s strategic location . The construction of the new datacentre is expected to commence later this year , with completion targeted for within the coming three years .
Maadi Technology Park , is a strategic location for establishing telecommunications and information technology companies in Egypt . It offers a range of advantages , such as tax incentives , modern infrastructure , and proximity to various business centres in Greater Cairo . Additionally , MTP promotes a culture of innovation and collaboration among companies operating in the area , including local and international companies in various sectors of outsourcing , IT , and communications . •
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