Edgnex, the data center arm of Damac, a real estate major from Dubai, has announced that it is entering into a joint venture with Vodafone to build a data center in Turkey with an investment of an estimated US$ 100 Million. The announcement was made at a press conference in Istanbul in the presence of Aqil Ali (Vice Chairman, Edgnex Data Centres by DAMAC) and Engin Aksoy (CEO, Vodafone Turkey).
In a post on a business networking site Edgnex said, “With a joint investment of $100 Million, we’re proud to unveil our newest addition: the Vodafone Izmir Data Centre, set to launch in 2025.”
In a post in Turkish on the same business networking site, Aksoy said, “Aside from its numerical size, this is an investment in the future of our country. The global cloud computing market size is projected to reach $947.3 billion by 2026. Undoubtedly, our country should get its share from this rising economy. For this, we need reliable and high-capacity data centers that all institutions can benefit from.” Aksoy is betting big on the future of the data center industry in Turkey. He said, “With this new data center to be established, the number of our data centers located in Turkey’s metropolitan cities will reach 6 and the white space size will reach up to 13,500 square meters. In addition, this center has a strategic importance. We aim to position Izmir as a strategic data center hub in Turkey and the Mediterranean, located close to many undersea cable crossing stations that provide access to Europe, Africa and Asia.”
“The Eastern Mediterranean region has a high demand for data centres, making Izmir, one of the largest and oldest cities in Turkey, an ideal location to meet this need,” said Ali explaining the rationale behind choosing the location.
*Feature image courtesy Edgnex LinkedIn.
