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Damac Properties To Invest $20 Billion In America

Staff writer by Staff writer
January 9, 2025
in Business, Construction
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Donald Trump and Damac’s Hussain Sajwani unveiled this exciting new development yesterday, marking a bold step forward!

Damac Group, the iconic UAE property powerhouse, is making significant strides in the U.S. tech landscape, a development of great importance. It is unveiling plans to invest billions in state-of-the-art data centers. President-elect Donald Trump revealed the venture in a striking announcement, emphasizing an investment of “at least $20 billion” across states like Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana.

Sharing the stage with President-elect Donald Trump, Damac Founder Hussain Sajwani expressed his anticipation and commitment to the company’s expansion into the U.S. He stated that he had been eagerly “waiting four years” to bring Damac’s innovation-driven expansion to American soil, highlighting the company’s eagerness and commitment to its new venture.

At the heart of this transformative journey is Edgnex, Damac’s data centre division launched in 2021, already reshaping digital infrastructure globally with impactful projects in Saudi Arabia, Turkey, Malaysia, Indonesia, Thailand, Jordan, Spain, and Greece, with more on the horizon.

Damac’s ambitious foray into the U.S. data centre market underscores its vision of fusing global reach with cutting-edge technology, marking a new era of innovation and connectivity.

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