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Breaking News

Samsung C&T, Companion To Develop $1.3 Billion Information Facility In Vietnam

Asia Business News
Last updated: August 14, 2025 3:35 am
By Asia Business News
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Data center server rack.

Computer system web server in the information facility.

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Samsung C&T Vietnam’s CMC Corp. is spending $1.3 billion to construct an information facility facility in Ho Chi Minh City to utilize the expanding need for cloud computer and AI in the nation.

The job will certainly be separated right into 2 stages, with a preliminary $250 million financial investment in the advancement of a 30-megawatt information facility, and a bigger 100-megawatt center that will certainly need around $1 billion in advancement, CMC claimed in a declaration Wednesday.

” This will certainly be a leading electronic facilities job of dimension and criteria in the area, straight causing the information and AI center that makes Vietnam the Asia-Pacific area,” CMC Chairman Nguyễn Trungchính claimed in a declaration. Established in 1993, CMC is among the biggest innovation firms in Vietnam, offering IT solutions, electronic facilities and AI options.

Considered that the nation is turning into one of the locations in the area’s information facilities contrasted to various other Eastern nations. Kushman and Wakefield price quote The ordinary advancement expense in Vietnam has to do with $10 million per megawatt of Caapcity, listed below the local standard, and virtually fifty percent of Japan’s $16 million, one of the most pricey in the area.

Samsung C&T becomes part of South Korea’s biggest corporation, a building and construction and design business that has actually dealt with significant landmark tasks such as Burj Khalifa in Dubai and Marina Bay Sands in Singapore.

TAGGED:BillionbuildCenterDatapartnerSamsungVietnam
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