UAE firm G42 plans $2 billion hyperscale data centre in Vietnam

The Abu Dhabi state-backed firm G42 plans to partner with Vietnamese companies to develop a $2 billion hyperscale data centre in Vietnam's business hub Ho Chi Minh City, state media reported on Thursday.

The local partners include FPT Corp., investment firm VinaCapital and Viet Thai Group, the official Vietnam News Agency reported.

Authorities in the city are seeking opinions from the Prime Minister on the project, the report said, without giving a timeframe for the development of the centre.