INTRO Technology, the technology arm of INTRO Holding and the parent company of Advansys and Forte Cloud, has announced the signing of a strategic Memorandum of Understanding (MoU) with Oman Data Park, a data centre and cloud service provider in Oman, to establish the Kemet Data Centre in the Suez Canal Economic Zone (SCZONE).
Valued at $450 million, this MoU marks the first strategic partnership between the two companies, aimed at providing cloud solutions, Internet of Things (IoT) capabilities, and digital transformation services for regional and international markets, particularly in Africa and the Middle East.
Spanning over 80,000 square meters, the Kemet Data Centre will be developed in two phases within the SCZONE. It will serve as a vital facility for large companies requiring cost-effective, advanced cloud data capabilities, including dynamic scalability, faster data processing, and improved latency, all essential for enhancing user experience. Given Egypt’s strategic location and advanced infrastructure, the data centre will offer companies a highly efficient and secure platform for their operations.
Advansys will host the data centre’s specialized staff and experts to ensure efficient project execution. Through its Center of Excellence, Advansys will manage all aspects of the project, including legal procedures, hardware and equipment importation, and design, facilitating the partnership to expedite the kickoff phase.
Walid Gamal El-Din, Chairperson of the SCZONE, noted that data centre projects are among the targeted services for attraction to the region to meet the growing demand for cloud services, IoT, and digital transformation. He emphasized that the Kemet Data Centre represents the first of its kind in the data centre sector within the SCZONE, aiming to localize this essential service industry. The zone’s strategic location along the Red and Mediterranean Seas and its proximity to significant undersea communications cables enhance its appeal.
Gamal El-Din also highlighted ongoing cooperation and coordination with relevant authorities, led by the Ministry of Communication & Information Technology (MCIT) and the National Telecom Regulatory Authority (NTRA).
Commenting on the MoU, Mamdouh Abbas, founder and chairperson of INTRO Holding, stated: “This partnership represents a pivotal step in INTRO Technology’s strategic journey to expand its technological projects in the Middle East and Africa. By collaborating with Oman Data Park, we combine our expertise in cloud solutions with their proven track record in cloud and data centre services.”
Maqbool Al Wahaibi, CEO of Oman Data Park, added: “The joint investment opportunities and our collaborative approach will support growth and innovation in the Middle East and its economic development. We look forward to working together to provide digital solutions through advanced data centres that meet the growing needs of companies worldwide to establish a presence in the region.”
Oman Data Park will offer comprehensive commercial services, overseeing the design, consulting on the centre’s construction, and managing operations. With a strong position and a proven track record, Oman Data Park supports the establishment of this ambitious project and the development of its advanced facilities.
Kemet Data Centre aims to cater to the rising demand for cloud services, IoT, and digital transformation across the region. As global enterprises seek cost-effective, secure, and scalable data storage solutions, Egypt’s advantageous location—hosting a significant portion of the region’s undersea cables—positions it as a key hub for international players.