Egypt’s digital infrastructure is set for a major expansion with a new $400 million data centre project, licensed by the National Telecommunications Regulatory Authority (NTRA). The deal has been signed with Hassan Allam Digital Infrastructure, a new venture from one of the region’s largest construction groups, Hassan Allam Holding, in a strategic partnership with Cairo-based venture capital firm A15.
Quick Facts
- $400 million initial data centre investment.
- Partnership between Hassan Allam and A15.
- Tenth license issued by NTRA in two years.
A Construction Giant’s Digital Pivot
The agreement marks a significant move for Hassan Allam Holding, a major player in engineering and construction across the MENA region. The company has launched Hassan Allam Digital Infrastructure, a new entity focused specifically on data centres and cloud computing, to execute the project.
This is the first project announced under a new strategic partnership with A15, a technology-focused VC firm, bringing together industrial-scale development expertise with deep tech and venture experience. The deal was signed at the Ministry of Communications and Information Technology by Dalia Wahba, a Board Member of Hassan Allam Digital Infrastructure, and Mohamed Shamroukh, CEO of NTRA.
Powering Egypt’s National Tech Ambitions
This project is a key component of Egypt’s broader national strategy to establish itself as a regional hub for data and digital services. It is the tenth data centre license the NTRA has issued in the last two years, indicating a rapid acceleration of investment in the country’s digital backbone.
The government is actively preparing a national strategy for data centres and cloud computing to attract investment and strengthen its digital sovereignty. The new facility is designed to support AI applications, cloud services, and data hosting for government bodies, the financial sector, and international companies. This directly supports Egypt’s goal of generating $42.7 billion in AI-related economic value and increasing the tech sector’s contribution to 7.7% of GDP by 2030.
Scaling for Regional Demand
The $400 million figure is described as an initial investment, with Hassan Allam planning to increase its commitment in the coming years to meet rising demand. The move is backed by strong global market trends, with the data centre sector projected to grow at nearly 7% annually to reach a market value of almost $739 billion by 2030.
By building scalable infrastructure, the venture aims to capture growing demand for data hosting and cloud computing services from both domestic and neighbouring markets.
About Hassan Allam Holding
Founded in 1936, Hassan Allam Holding is one of the largest privately owned engineering, construction, and infrastructure companies in the MENA region. Headquartered in Cairo, the group operates across a wide range of sectors including building, infrastructure, and industrial projects. The launch of Hassan Allam Digital Infrastructure marks its strategic entry into the technology and data centre market.
Source: SPA, MEAIN
