Syntys Enters MENA Market with $1 Billion Investment in Digital Infrastructure
Syntys has launched in the Middle East and North Africa (MENA) region with a significant operational footprint and ambitious expansion plans, announced in a press release. The company, spun off from Ooredoo, specializes in the design, construction, and management of data centers. It aims to capitalize on the growing demand for digital infrastructure driven by the rapid growth of cloud computing and artificial intelligence in the region.
With an initial investment of $1 billion, Syntys plans to scale its data center capacity beyond 120 megawatts. The company has already secured $552 million in funding from major Qatari banks. Its existing network of data center assets, strategically located across five markets, provides a competitive advantage in meeting the region's accelerating demand for digital services.
Syntys' facilities are designed to support a variety of client needs, including hyperscalers like Microsoft and Google, as well as AI-focused businesses. The company has partnered with Iron Mountain to enhance MENA's capabilities as a digital hub, leveraging Iron Mountain's expertise in hyperscaler data centers.
Led by Sunita Bottse, who has a strong track record in managing advanced Tier IV data centers, Syntys is positioned to drive digital transformation across the MENA region. The company's strategic positioning and secured capital allow it to quickly scale operations, supporting both existing tenants and new clients in industries increasingly reliant on scalable and efficient IT infrastructure.
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