President-elect Donald Trump announced Tuesday that DAMAC Properties, a global real estate development company, will invest at least $20 billion in the United States to construct data centers.
“I’m thrilled to announce today that DAMAC will be investing at least $20 billion over a very short period of time into the United States, and they may go double, or even somewhat more than double, that amount of money,” he said after praising Sajwani as “one of the most respected business leaders in the Middle East.”
Trump further noted the “investment will support massive new data centers across the Midwest, the Sun Belt area, and also to keep America on the cutting edge of technology and artificial intelligence.” “It’s been amazing news for me and my family when he was elected in November,” he said, going on to laud Trump’s policies that encourage investment in the United States.
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