INTRO Technology is set to establish the Kemet Data Center in the Suez Canal Economic Zone (SCZONE).
They announced the signing of a strategic Memorandum of Understanding (MoU) with Oman Data Park, Data Center and Cloud Service provider in Oman.
Note that INTRO Technology is the technology arm of INTRO Holding. It is also Advansys and Forte Cloud’s parent company, specializing in technological solutions and digital transformation.
With a volume of $450m, the MoU represents the first strategic partnership between the two companies. It aims to provide cloud solutions, Internet of Things (IoT), and digital transformation for regional and international markets, particularly in Africa and the Middle East.
The Kemet Data Center, spanning over 80,000 sqm, will be located in the SCZONE, and developed in two phases.
Furthermore, the center will serve as a vital and key facility for large companies that require cost-effective advanced cloud data capabilities. These will include dynamic scalability, faster data processing, and improved latency, which are essential for improving user experience.
With Egypt’s strategic location and advanced infrastructure, the data centre will provide companies with a highly efficient and secure platform for their regional and international operations.
Mamdouh Abbas, the founder and chairperson of INTRO Holding commented on the significance of the MoU.
He stated: “This partnership represents a pivotal step in INTRO Technology’s strategic journey to expand its technological projects in the Middle East and Africa.
“By collaborating with Oman Data Park, we combine our expertise in cloud solutions with their proven track record of success in cloud and data centre services.
Additionally, Maqbool Al Wahaibi, CEO of Oman Data Park, said: “The joint investment opportunities and our collaborative approach will support the growth and innovation in the Middle East and its economic development.
“We look forward to working together to provide digital solutions through advanced data centres that meet the growing needs of companies worldwide to establish a presence in the region.”
Kemet Data Center will cater to the growing demand for cloud services, the Internet of Things (IoT), and digital transformation across the region.
As global enterprises look for cost-effective, secure, and scalable data storage solutions, Egypt’s advantageous location—hosting a significant portion of the region’s undersea cables—positions it as a key hub for international players.
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