- An initial investment of USD 5 billion by DataVolt will fund the first phase of the factory’s development, expected to be operational by 2028.
- The agreement marks a significant milestone in the expansion of KSA’s digital infrastructure, reinforcing its position as the region’s leading data hub.
NEOM, Kingdom of Saudi Arabia, 10 February, 2025 – NEOM, the sustainable region taking shape in northwest Saudi Arabia, and DataVolt, a Saudi-based international developer, investor and operator of data centers, today signed a landmark…