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Bloomberg Talks
DAMAC Properties Chairman, Founder Hussain Sajwani Talks US Data Center Investment
Jan 9, 2025
Hussain Sajwani reveals a bold $20 billion plan for U.S. data centers, with his company committing 30% of the funding. The discussion unveils strategic site selections and the excitement surrounding land deals. Insights into funding mechanisms, potential partnerships, and leasing agreements with tech giants highlight the complexities of entering the U.S. market. The impact of evolving government policies on foreign investment is also examined, shedding light on the challenges and opportunities in this rapidly growing sector.
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Quick takeaways
- DAMAC Properties plans to contribute 30% of the $20 billion funding for new U.S. data centers, enhancing local economies.
- The investment focuses on leveraging loans and local partnerships to successfully establish AI infrastructure across several states.
Deep dives
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