Khazna announced that it will build multiple new data centers and increase its capacity five-fold over the next four years to provide vital infrastructure as companies and the government agencies accelerate digitization.
The company today operates two data centers in Abu Dhabi and one in Dubai with a combined capacity of 40 megawatts; with the new expansion plan, it will have a total of 200 megawatts of IT load capacity by 2023. Multiple new data centers will be built in locations across the UAE and additional capacity will be increased at its current sites.
Hassan Al Naqbi, Chief Executive Officer of Khazna, commented: “This significant expansion will support the economic ambitions of the UAE in the coming years.” Al Naqbi added, “The UAE government and private sectors are pressing ahead with digital transformation, which has gathered pace in the last year through necessity. The experience of remote working and the growth of online services during the global pandemic has underlined the importance of robust, state-of-the-art digital infrastructure. Demand for flexible, scaleable and secure data storage is increasing rapidly, and this trend will continue as smart city and smart government projects gather momentum, cloud computing adoption grows and 5G networks are rolled out.”
Khazna, which was established in 2012, has grown rapidly into one of the trusted wholesale data center providers in the Middle East and North Africa region. The company provides corporate users with a dedicated, fully built data center space that delivers turnkey solutions, and has been an enabler for local and global cloud computing providers.
The expansion over the next four years will enhance Khazna’s capability to deliver a wider range of cost-effective solutions and offers clients assurance that digital and data growth plans will be accommodated. With the focus on enabling hyperscalers, Khazna’s new data centers will ensure that market demands are fully met while maintaining customer satisfaction excellence, and trust.