Photo courtesy of Egypt's cabinet
As part of its plan to make Egypt a regional technology hub, the ministry discussed Income’s plan and systems as well as the electricity supply required for the data centre. It also discussed Income's use of renewable energy resources and future expansion plans.
The data centre aims to improve efficiency and reliance on Egypt’s digital solutions. It also supports entrepreneurship while localizing the data centre industry. The facility also aligns with the country’s national energy strategy by providing a stable power supply to the centre.
Moreover, the data centre will enable Egypt to operate artificial intelligence to improve the quality of public services, attract global cloud providers, and develop data-driven sectors.
Income, or International Company for Petroleum & Industrial Services, provides advisory services across a diverse portfolio, operating in construction, petroleum, electricity and power, renewables, transportation, and industry.
This comes as Egypt seeks to expand its renewable energy projects to position itself as a regional hub for both green energy exports and data and fiber optic network infrastructure. The project also coincides with the US-Israeli war on Iran and regional repercussions, including the damage to Amazon cloud computing facilities in the UAE and Bahrain due to drone strikes and local volatility.
Egypt has been building data centres and planning to establish three fully state-owned data centres to expedite digital transformation and establish a data infrastructure that supports government operations, private-sector engagement, and cloud computing capabilities.
These initiatives align with the state’s broader digital transformation strategy, which aims to attract and generate around $42.7 billion in AI-related investments, with AI making up 7.7 percent of the GDP by 2030.
To bolster its efforts in data storage, operational efficiency, and privacy for state projects, the state inaugurated its first national data hub in Ain Sokhna in April 2024.
Furthermore, the government is currently seeking detailed proposals, including feasibility, financing, and technical specifications to support projects that employ clean energy and advanced technology.
Data centres are expected to grow by 6.98 percent per year between 2025 and 2030, with total market revenue reaching almost $739 billion by 2030. The US is expected to remain the world’s biggest contributor to the AI sector.
Global electricity demand is also projected to double to nearly 1,000 terawatt-hours (TWh) by 2030, making it a major driver of change in how energy companies operate, with artificial intelligence emerging as a tool to manage growing pressure on power networks.
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