As per a recent interview, Trump announced his plan to invest a sum of $20 Billion in US Data Centers. He announced this information during his speech at President-elect Donald Trump’s Mar-a-Lago estate. He was not the only one to make such a big statement; he was backed by another billionaire founder, Hussain Sajwani, who is the founder of DAMAC Properties. Under this investment, they will focus on building Data Centers in places such as Texas, Ohio, Indiana, Arizona, Oklahoma, Illinois, Michigan, and Louisiana. For a better understanding, let’s take a deeper look at this.
Investment Diversification
Aren’t you curious about which place will get what amount of foreign investment? Well, take a look at the investment scheme with the table below:
| State | Planned Investment Amount in Billion |
| Indiana | 2 Billion |
| Texas | 4.5 Billion |
| Michigan | 2 Billion |
| Arizona | 3 Billion |
| Louisiana | 2 Billion |
| Oklahoma | 2.5 Billion |
| Illinois | 2 Billion |
| Ohio | 2 Billion |
This well-planned investment diversification is all set to reform the existing data centers in the United States. It is a great investment decision taken by the DAMAC properties.
How will it impact US Data Centers?
With this investment plan, the data centers will be impossible to reach by hackers. Thus, it aims to strengthen the data privacy units. With the new data centers, it will be more efficient in data processing.
Several industries will benefit from it, such as:
- Technology
- Finance
- Healthcare
As an outcome, the US will be known as the supreme leader of data center infrastructure and innovation. Furthermore, it will impact business investments from all around the world to the place where new data centers are located. Hence, it will raise the state’s economic activity and increase employment opportunities.
Additionally, you will also see a growth in digital services, applications, etc, to increase competition in the market. Below are the industries that will gain benefits from the data infrastructure development:
- Technology: Betterment of the data processing capabilities.
- Finance: Improvement in the Data Security and Transaction Speed.
- Healthcare: Ease to manage patient data.
- Retail: Supply chain management and data analysis is easy.
This investment is perfect to create a wave in the industry all across the globe, where data-driven businesses are established. This will result in an expansion of economic activity and employment, which, in turn, will strengthen the local economies. The expanded data ecosystem will also enable the expansion of digital services and applications and fuel innovation and market competition in the U.S. market.
What is the future DAMAC investment in the US Economy?
The outlook for DAMAC’s investment in US data centers is positive. The $20-billion starting investment may be doubled, as President-elect Trump has proposed. This possible upsurge in investment will also further boost the data center network infrastructure in the United States and facilitate the development of the digital economy.
DAMAC’s next four years road map includes increasing the power load of their data centers to 2000MW. This expansion will be driven by the growing demand for data processing and storage capabilities, particularly from industries such as artificial intelligence, cloud services, and big data analytics. The investment will also be directed to the development of sustainable and energy-efficient data centers in keeping with global green technology trends.
Future Expansion Plans
- 2000MW Capacity: Approach to the capacity of data centers over the next 4 years.
- Sustainable Design: Focus on energy-efficient and environmentally friendly data centers.
- Technological Integration: Incorporation of advanced technologies like AI and machine learning.
The amount that DAMAC would be able to double is at the start capital this means DAMAC will be able to expand its operations and be prepared to cater to the growing need for data center services. This will require the purchase of more land, the formation of joint ventures with local companies, and investments in advanced technology to improve the performance and scalability of the data centers. By doing so, the proliferation will further expand the employment base and fuel regional economic development.