Google Eyes Major Data Centre Investment in Vietnam
Alphabet's Google is considering building a large hyperscale data centre near Ho Chi Minh City, Vietnam, marking the first significant investment by a major U.S. tech firm in the country. The centre, expected to be operational by 2027, aims to cater to the growing cloud services market and Vietnam's expanding digital economy.
Alphabet Inc's Google is contemplating the establishment of a substantial hyperscale data centre in Vietnam, according to an anonymous source. This development marks the first major investment by a significant U.S. technology firm in the Southeast Asian nation.
The proposed data centre is likely to be located close to Ho Chi Minh City, Vietnam's southern economic powerhouse. Though details on the investment size are undisclosed, such a venture would significantly benefit Vietnam, which has struggled to attract large-scale foreign capital in this sector due to inadequate infrastructure.
Motivated by its extensive client base and Vietnam's rapidly growing digital economy, Google's internal discussions suggest that the data centre could be operational by 2027. The move comes at a time when other tech giants have largely overlooked Vietnam in favor of other Southeast Asian countries with more developed infrastructures.
(With inputs from agencies.)
ALSO READ
GAFSP Launches $75M Investment Window to Support Smallholder Farmers and MSMEs in Agri-Food Sector
Sikh American Leader Urges Investment Boost and Military Academy for Punjab
Groundbreaking Investment: TotalEnergies and APA Corps Propel Suriname's Offshore Oil Ambitions
Unlocking Digital Growth in Eastern Africa: How Private Sector Investment is Shaping the Future of Connectivity
Piyush Goyal Engages US Private Equity for Indian Investments