Vietnam’s CMC Corporation has signed a memorandum of Understanding (MOU) with Samsung C&T, South Korean enterprise in construction, trade, and technology, to build a hyperscale data center project in Ho Chi Minh City with total investment of $1 billion.

CMC said in a statement on Tuesday that the phase 1 of the project will have a capacity of 30 MW with a total investment of $250 million, and subsequent phases will exceed 100 MW, bringing the total investment to approximately $1 billion.

Accordingly, Samsung C&T will invest in and implement CMC’s hyperscale data center project in Ho Chi Minh City’s High-Tech Park, meeting international standards for technology and information security.

It will also develop a long-term cooperation model applying environmentally friendly technologies to CMC’s data center ecosystem.

It will share expertise, technology, and its global partner network to ensure the project’s timely completion and optimal performance.

CMC envisions the project as the “AI Heart” of Ho Chi Minh City, aiming to become one of the region’s leading hubs for large scale data storage, processing, and analytics.

With an initial scale and capacity of 30 MW, the center can be expanded to 120 MW, meeting international Uptime Tier III+ and Tier IV operational standards.

The facility will integrate advanced technologies, including artificial intelligence (AI)-as-a-service, cloud infrastructure, big data, cybersecurity, and apply XGS-PON, SD-WAN, SASE, and 800G DWDM technologies for ultra-high bandwidth and ultra-low latency.

A Digital Twin system will be used to simulate and optimize operations in real time.

With a green data center philosophy embedded from the design stage, CMC hyperscale data center is expected to meet Vietnam’s and ASEAN’s AI, cloud computing, and big data infrastructure needs, attracting technology corporations, AI startups, and international research and development (R&D) centers.

“The cooperation with Samsung C&T is not only significant in terms of technology and investment, but also marks a strategic milestone in CMC’s AI-X and Go Global journey,

“This will be a leading digital infrastructure project in terms of scale and standards in the region, directly contributing to making Vietnam a data and AI hub in the Asia-Pacific,” said Nguyễn Trung Chính – Chairman/Executive Chairman of CMC Corporation.

This agreement not only allows CMC to tap into the global network of Samsung C&T but also helps attract international capital, advanced technologies, and high-quality human resources to Vietnam, said the statement.

In the long term, it will be a key digital infrastructure pillar supporting Vietnam’s digital transformation, knowledge economy development, and national competitiveness in the AI era.

In addition, CMC signed 14 other MOUs with 3 technology enterprises and 11 leading South Korean universities and educational institutions in AI, GDC (Global Delivery Center), Hyperscale DC, AI services, and talent training.

These agreements reaffirm CMC’s technology capabilities and global delivery experience while opening up deep cooperation opportunities between Vietnam and South Korea in the strategic tech sectors of both countries.

Samsung C&T is one of the core companies of the Samsung Group, with a history spanning more than 87 years, currently operating in over 50 countries.

The company is renowned for its infrastructure, data center, and renewable energy projects, as well as its ability to execute iconic developments such as the Burj Khalifa (Dubai) and Marina Bay Sands (Singapore).

In the technology sector, Samsung C&T is expanding aggressively into digital infrastructure, green energy, and next generation data centers.

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