March 12, 2026 | 06:10

HCMC to break ground on $2 bln AI data center

Quốc Khánh

The project aims to establish world-class, modern data infrastructure to bolster AI research and application across various sectors.

HCMC to break ground on $2 bln AI data center
HCMC Department of Science and Technology signs an MOU with Accelerated Infrastructure Capital (AIC) on March 11.

The HCMC Department of Science and Technology and Accelerated Infrastructure Capital (AIC) have signed a Memorandum of Understanding (MOU) to develop an AI data center at the Tan Phu Trung Industrial Park.

The AI data center is a joint venture between Accelerated Infrastructure Capital (AIC) and the Kinh Bac City Development Holding Corporation (KBC), in collaboration with several international partners.

With a total projected investment capital of approximately $2.1 billion, the project includes the construction of the data center, regional infrastructure, specialized equipment, power systems, water supply and drainage, and a high-performance GPU system. The entire investment capital is expected to be fully disbursed by the end of the first quarter of 2027.

In its initial phase, the project will develop an "AI Factory" with a capacity of 50 MW, equipped with 28,000 Graphics Processing Units (GPUs). This facility will provide the massive computing power required for AI applications and High-Performance Computing (HPC) to serve both domestic and international clients.

The project aims to establish world-class, modern data infrastructure to bolster AI research and application across various sectors. Furthermore, it is expected to play a pivotal role in building an innovation ecosystem and driving the digital economy in Ho Chi Minh City.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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