Al Moammar Information Systems (MIS) Company, Saudi Arabia announced in a statement that it has awarded to establish, execute and operate six (6) data centers across the Kingdom of Saudi Arabia.
The Contract was awarded by Saudi Fransi Capital (SFC).
The value of the contract is approximately SAR 1.2 billion (USD 320 millions).
MIS as the developer and designer to undertake the design, development, and execution (on a turnkey basis) of six data centers with an initial capacity of 4 MW each will execute the project.
Furthermore, MIS will continue as the facility manager for the six data centers for an initial period of 15 years.
Execution of the project is expected to commence around the fourth quarter of 2021 and to be completed in the fourth quarter of 2022.
The duration of the project is 16 months.
