Pure DC & Dune Vaults to Boost Saudi Hyperscale Market
The Kingdom of Saudi Arabia is currently the fastest-growing data centre market in the Middle East, which is driven by increasing government digital transformation efforts. In fact, it has been estimated that the Saudi Arabia data centre market is expected to reach a value of US$2.3bn by 2029.
This, alongside increased demand for AI and cloud technologies, has intensified progress within the region - which is further boosted by its access to stable low-cost and renewable power.
“Data centres are the engines for innovation.”
In response, Pure Data Centres (Pure DC) is partnering with Dune Vaults, a digital infrastructure platform, to develop hyperscale data centres in Saudi Arabia. The joint venture plans to develop multiple 100+ MW-capacity campuses of best-in-class facilities, making it one of the largest data centre providers in the region. As a result, Pure DC should be better poised to meet growing local and international customer demand.
Meeting data centre demand in Saudi Arabia
Pure Data Centres brings a successful track record with over 500MW of data centre capacity live or under development.
This new venture markets a significant milestone for the company as it seeks to expand in the region to meet growing demand from its global customer base. Currently, data centre customers are eager for connections that are secure and have a low latency in order to support real-time applications and services, which includes supporting AI.
Dame Dawn Childs, Chief Executive Officer of Pure DC, said: “Data centres are the engines for innovation. In Dune Vaults we have a partner that matches our ambition for solving the challenges of the future and the expertise to support our expansion in one of the fastest-growing markets for data capacity.”
The data centre company currently benefits from the expertise and investment backing of funds by Oaktree Capital Management, or Oaktree.
With such a strategic expansion in Saudi Arabia with Pure DC, Dune Vaults is aiming to diversify its portfolio. This involves addressing the surging demand for end-to-end wholesale data centre services and developing critical data centre infrastructure in Saudi Arabia to cement the Kingdom’s digital leadership in the region.
Bill Davis, Chief Investment Officer of Pure DC, said: “We are thrilled to embark on this strategic partnership with Dune Vaults, which will enable us to deliver some of the largest digital infrastructure solutions in Saudi Arabia. This is critical infrastructure that hyperscale customers demand and puts Pure Data Centres at the forefront of advancing the rapid growth of AI.”
Scaling capacity to support advanced customer needs
Dune Vaults is able to benefit from being backed by prominent Saudi investors. Currently, it is eager to establish more than 1,000 megawatts (MW) of sustainable data centre capacity in Saudi Arabia to align with market demand estimates - all whilst supporting Saudi Arabia’s Vision 2030 digital transformation strategy.
Saudi Vision 2030, or Project 2030, is a government programme launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially and culturally,
Combining its development expertise and local relationships with Pure DC’s technical and operational know-how is aiming to provide a highly scalable solution in an exciting, fast-growing market where demand for data centres and digital infrastructure is incredibly strong.
“Through our strategic partnership with Pure DC, we are bringing advanced data centre solutions to meet the needs of global hyperscalers whose presence in the Kingdom will accelerate digitisation and economic growth,” comments Faisal AlRahbiny, Founder & MD of Dune Vaults.
“As key contributors to the Kingdom’s Vision, we are not only investing in digital infrastructure but also in developing local talent and creating substantial economic opportunities, supporting a vibrant and future-ready Saudi Arabia.”
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