Alfanar Invests $1.4 Billion in Saudi Data Centers to Boost Digital Infrastructure
Saudi Arabia’s Alfanar Global Development has announced a $1.4 billion investment to establish four world-class data centers, reinforcing the Kingdom’s position as a regional digital hub. The announcement was made during the LEAP 2025 technology conference, attended by Minister of Communications and Information Technology Abdullah Al-Swaha.
The company stated that the new data centers will provide advanced digital infrastructure, supporting cloud computing, artificial intelligence (AI), and data security. The initiative aligns with Saudi Arabia’s strategy to enhance its leadership in the digital sector, according to Alfanar’s official statement.
The facilities will be strategically located in Riyadh and Dammam, serving key industries such as finance, healthcare, e-commerce, and technology innovation. The company emphasized that these centers will attract global investment in advanced technology, further solidifying Saudi Arabia’s status as a leading data hub and advancing the goals of Vision 2030 for digital transformation.
“This project marks a major leap in strengthening the Kingdom’s digital infrastructure and positioning it as a global center for data storage and processing,” said Amer bin Abdullah Al-Ajmi, Executive Vice President of Alfanar Projects. “We are proud to contribute to Vision 2030 by building a secure and scalable digital infrastructure that facilitates digital transformation and attracts global companies seeking cutting-edge data solutions.”
Advanced Infrastructure & AI-Driven Capabilities
Alfanar’s data centers will be designed according to the latest international standards, ensuring top-tier security, advanced cloud computing solutions, and AI-powered processing capabilities. The facilities will also drive innovation in AI and digital transformation while prioritizing sustainability and energy efficiency. This aligns with Saudi Arabia’s green energy objectives, reducing carbon emissions and paving the way for a more sustainable and intelligent digital future.
The investment comes at a time of unprecedented growth in the data center industry, with Alfanar Global Development playing a pivotal role in supporting Saudi Arabia’s digital economy. The expansion enables the Kingdom to consume and export digital services, transforming it into a key destination for enterprises seeking high-performance, secure, and reliable data storage and processing solutions.
Alfanar’s Legacy in Global Infrastructure Development
Alfanar Projects, a global company with Saudi roots, provides innovative solutions in project development, engineering, and digital transformation. Since its founding in 1976, the company has participated in major infrastructure projects across energy, water treatment, and construction sectors. Additionally, Alfanar has expanded internationally, leading large-scale sustainable initiatives, including a major green fuel project in the United Kingdom.
The company’s latest investment in data centers underscores Saudi Arabia’s ambitions to become a leader in the global digital economy, reinforcing its position as a preferred destination for high-tech industries and innovation.
