The Abu Dhabi National Energy Company (TAQA) is set to make substantial investments in the data centre industry, with projections indicating that these investments will exceed AED 37 billion. This move aims to enhance Abu Dhabi’s growing data and artificial intelligence sectors.

Credit: WAM

TAQA’s Chief Executive Officer, Jasim Husain Thabet, emphasized the importance of this investment, stating, “Our commitment to strengthening the data centre ecosystem in Abu Dhabi reflects our strategic focus on sustainability and innovation.” The growth in this area is expected to attract further technological advancements and partnerships.

The initiative aligns with the government’s vision to position Abu Dhabi as a leading hub for data and technology. As the demand for data storage and processing capabilities escalates, the investments in this sector are crucial for supporting the digital economy and fostering innovation in artificial intelligence.

In addition to boosting the local economy, these investments will create numerous job opportunities and potentially attract international companies to establish their operations in Abu Dhabi. The commitment from TAQA signifies a strong belief in the future potential of the data centre industry within the region.