Saudi-based data center developer DataVolt is to build a facility in Riyadh. The company and the Saudi Authority for Industrial Cities and Technology Zones (MODON) have agreed on land lease terms for the development of an AI-ready data center in Riyadh.
“We are providing mission-critical digital infrastructure that will support the KSA’s position as a global leader in AI while offering customers sustainable data center solutions. Over many months, we have worked in collaboration with MODON to develop this project and we are proud to move forward and deliver another state-of-the-art facility,” said Rajit Nanda, CEO of DataVolt. “Every step we take directly aligns with Saudi Vision 2030 and supports the government’s goal of diversification and sustainability across the economy and society as a whole.”
Riyadh-based DataVolt was founded in 2023 and is a wholly owned subsidiary of Vision Invest, a Saudi Arabian development and investment holding company focused on critical infrastructure.
