Letsia to invest US$ 13.32 million into green data center development in Riyadh

Image courtesy: Letsia
July 14, 2026 at 12:17 PM GMT+8

Letsia, a Middle Eastern technology conglomerate has announced plans to invest SAR 50 million (US$ 13.32 million) to develop a green data center in Saudi Arabia. The project named Letsia HyperDC will come up in the capital city of Riyadh.

Readers would recall that the Letsia HyperDC project was originally announced in May 2026, and the company expects the facility to enter its pilot operational phase in February 2027. The investment announcement was made as part of a new strategic growth phase that will also see its expansion into international markets.

The project will come up over a plot of 8000 sqm, with the first phase having a built up area of 5,200 sqm. The Tier III facility is targetting a PUE of under 1.4. However, the company is yet to reveal any information about the eventual IT load capacity and energy sources for the data center.

“The next stage for Letsia is no longer about building from zero. It is about scaling what we have built, strengthening governance, and preparing the group for larger opportunities and stronger global positioning,” Mohamed Rabie Moawad, Founder and Chairman, Letsia, said in a press release.

Letsia Holding currently has a venture called Letsia AI for software and AI development. The Letsia HyperDC project aims to cater to the growing demand for cloud computing, enterprise hosting, and high-performance digital infrastructure across the region.

 

Mordor Intelligence estimates Saudi Arabia’s data center market to be worth US$ 2.38 billion in 2026, and expects it to grow at a CAGR of 12.84 percent to reach US$ 4.35 billion by 2031. This green data center development is part of a wider push for sustainable digital infrastructure in Saudi Arabia in line with Saudi Vision 2030 and the Saudi Green Initiative. It is also consistent with the findings of a recent report by ResearchAndMarkets.com titled Green Data Center Market in the MEA that found that the market for sustainable or “green” data centers across the Middle East and Africa (MEA) could grow by 31.81 percent CAGR.