The People's Committee of Ho Chi Minh City has decided to establish an inter-disciplinary working group to support the Super Data Center project (referred to as the Task Force).
The Task Force consists of 19 members. Director of the municipal Department of Science and Technology, Mr. Lam Dinh Thang, will serve as the team leader, with the Department acting as the standing agency for the Task Force.
The Task Force is mandated to comprehensively evaluate the capacity and experience of foreign investors. This aims to ensure that transferred technologies are suitable and capable of integrating with other domestic data centers, particularly the National Data Center. Reviewing current legal regulations is also a crucial part of the Task Force's mission, aimed at proposing solutions to remove difficulties and obstacles, thereby accelerating the project's implementation progress.
With the establishment of the Task Force, the city not only affirms its position in the region but also opens up numerous opportunities for digital economy development.
HCM City is currently witnessing a strong wave of investment in the data center sector, marking a significant stride in the development of the city's information technology infrastructure.
Recently, the city has continuously welcomed large-scale investment projects in data centers. Notably, the SGI-HCM Campus project, valued at nearly $2 billion, is being developed by Kinh Bac City Development Holding Corporation (KBC) alongside partners such as Accelerated Infrastructure Capital (AIC) and VietinBank.
In addition, Viettel Group has commenced construction of a Data Center and High-Tech Research and Development facility at Tan Phu Trung Industrial Park.
Furthermore, technology company G42 (whose major shareholder is the sovereign wealth fund of the United Arab Emirates - UAE) is preparing to construct an AI super data center with an investment capital of approximately $2 billion. Participating alongside G42 in this project are other investors including FPT Corporation, VinaCapital, and Viet Thai Investment Group.
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