UAE and Indonesia sign Memorandum of Understanding

UAE and Indonesia sign Memorandum of Understanding

According to H.E. Mohamed Hassan Alsuwaidi, the agreement will support Indonesia’s economic development by increasing data center capacity, with new facilities promising to unlock opportunities towards creating a prosperous future

According to H.E. Erick Thohir, the MoU will accelerate the development of Indonesia's digital economic infrastructure, in line with the sharpening of the strategic digital technological focus that has been envisioned by President Joko Widodo and implemented by his Administration

Abu Dhabi, UAE: The Ministry of Investment of the UAE and the Ministry of State-Owned Enterprises of the Republic of Indonesia have signed a Memorandum of Understanding (MoU), laying the foundation for investments that will propel the digital economy.

The MoU was signed by His Excellency Mohamed Hassan Alsuwaidi, Minister of Investment of the UAE, and His Excellency Erick Thohir, Minister of State-Owned Enterprises of Indonesia.

The agreement aims to set out a framework for investment cooperation in digital infrastructure, with a special focus on data center projects in Indonesia. The total capacity of data centers developed under this MoU can reach up to 1,000 MW.

Data centers, which are critical parts of the digital economy’s infrastructure, provide organizations with a secure option to store critical data and run applications and have become a priority