Dogus and Aces sign Saudi data centres deal

Dogus and Aces sign Saudi data centres deal

Turkish contracting firm Dogus Construction has signed a memorandum of understanding (MoU) with Saudi Arabia's local telecommunication firm Advanced Communications & Electronics Systems Company (Aces) to develop data centre projects in Saudi Arabia.The MoU was signed on the sidelines of the Leap Technology Conference event held in Riyadh this week.Dogus Construction is one of the prominent construction firms headquartered in Istanbul, Turkey. The contractor has been involved in some significant projects including Yerkoy to Kayseri High-Speed rail, Qatar Rayyan infrastructure project, Artvin Dam, Cekmekoy to Yenidogan Metro, Istanbul Metro scheme among others.Saudi Arabia aims to be a digital hub and a key player in artificial intelligence (AI), both of which require enormous cloud computing-based resources.MEED reported on 7 March that newly formed Saudi digital infrastructure developer DataVolt announced a plan to invest $5bn in developing data centres across the kingdom.The data centres are expected to have a capacity exceeding 300MW.DataVolt's planned investment follows an announcement by US-headquartered Amazon Web Services (AWS) that it plans to launch a new AWS Region in Saudi Arabia in 2026 as part of its long-term commitment to invest more than $5.3bn in the kingdom.According to GlobalData, Amazon, Microsoft and IBM lead the global infrastructure-as-a-service and platform-as-a-service markets, which are key building blocks in the evolving cloud computing technology stack.Other announcements at