Dubai's Damac to invest $2.3 billion in one of Southeast Asia's largest AI data centres

Edgnex Data Centres, part of Dubai-based Damac Group, announced on Tuesday its second next-generation AI-powered data centre in Jakarta, Indonesia, for $2.3 billion (Dh8.44 billion).

This will be one of Southeast Asia’s largest AI-dedicated developments, with a capacity of 144 MW.

Recommended For You

Syria's Al Sharaa says protecting Druze a 'priority' after Israel strikes Damascus

When a director didn't want to work with Vijay Sethupathi

Jaipur-Dubai flights: Travellers hit by new cancellations, delays

Abu Dhabi: Meet Robert Whittaker, UFC star and the perfect family man

Flying from Dubai to Dublin? Emirates adds third daily flight

 

In 2024, Edgnex announced its first data centre in Indonesia, a planned 19.2 MW data centre to be built at MT Haryono in Jakarta. The second data centre builds on the company’s growing presence in Thailand, Malaysia, and other key Southeast Asian markets.

Construction on the second project has already begun, and the facility’s Phase 1 is expected to be ready by December 2026. Edgnex aims to achieve 300-plus MW of operational capacity by 2026 in the Southeast Asia region.

Stay up to date with the latest news. Follow KT on WhatsApp Channels.

Hussain Sajwani, founder of Damac Group, stated that the company’s second project in Indonesia will help bridge the digital divide in the fast-growing country.

He said this will “become one of Southeast Asia’s most advanced, sustainable data centres to power the next wave of innovation and digital growth.”

Sajwani added, “The scale of AI workloads demands a new class of infrastructure. This project is part of our broader push across SEA, where we have committed over $3 billion in digital infrastructure investments to date.” 

The company stated that the facility will target a power usage effectiveness (PUE) of 1.32, thereby significantly enhancing energy efficiency and aligning with its global sustainability standards.

In January 2025, the UAE billionaire announced a plan to invest $20 billion in the booming US data centre sector in the coming years.

Waheed Abbas

waheedabbas@khaleejtimes.com

Waheed Abbas is Assistant Editor, covering real estate, aviation and other business stories that directly affect the lives of UAE consumers. He frequently reports human interest stories, too.