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<\/p>\nMr. Oliver Jones of AIC and Mr. Lam Dinh Thang of the Ho Chi Minh City Department of Science and Technology signing the cooperation agreement. Photo: An Phuong<\/em><\/p>\n<\/figcaption><\/figure>\n According to the agreement, the project will be implemented at lot B2-1, Tan Phu Trung Industrial Park, Cu Chi District, by a joint venture between AIC and Kinh Bac City Development Holding Corporation. The total estimated investment is about $2.1 billion, covering data center infrastructure, equipment, electrical systems, water supply and drainage, and graphics processing units (GPUs). The entire capital will be disbursed according to a roadmap and completed by the end of Q1 2027.<\/p>\n Mr. Lam Dinh Thang, Director of the Ho Chi Minh City Department of Science and Technology, stated that the city has established an AI Data Center Project Investment Working Group to assist investors in completing procedures, resolving obstacles, and ensuring the implementation schedule. The investors stated that the technology used in the project will meet high technical standards, be energy-efficient, and environmentally friendly. The goal of the data center is to build a modern, internationally standardized computing infrastructure, promote AI research and application across various fields, and contribute to the formation of an innovation ecosystem and digital economy development in Ho Chi Minh City.<\/p>\n The entrance to Tan Phu Trung Industrial Park, Cu Chi District, Ho Chi Minh City. Photo: Kinh Bac<\/em><\/p>\n<\/figcaption><\/figure>\n During the meeting, Mr. Oliver Jones, co-founder of AIC, highly appreciated the project’s implementation speed since the meeting with city leaders in London last autumn. According to him, the rapid support from local authorities is a crucial factor helping the project progress smoothly.<\/p>\n He believes that a successful AI center requires three key elements: a suitable location and infrastructure, reputable local partners, and advanced technology. The British investor representative assessed Ho Chi Minh City as a highly suitable location for developing AI factories, but emphasized the importance of ensuring infrastructure, especially the power supply. Currently, Ho Chi Minh City meets these criteria.<\/p>\n According to Mr. Jones, the project involves major technology partners, including Nvidia, which provides GPUs\u2014the core components of AI computing systems. Thanks to this close partnership, AIC can directly import high-performance GPUs for the project. He set the goal for the AI Data Center not only to serve Vietnam but also to become an AI hub for Southeast Asia in the future.<\/p>\n Mr. Dang Thanh Tam, Chairman of the Board of Directors of Kinh Bac City Development Holding Corporation, at the meeting. Photo: An Phuong<\/em><\/p>\n<\/figcaption><\/figure>\n Representing the domestic partner, Mr. Dang Thanh Tam, Chairman of the Board of Directors of Kinh Bac City Development Holding Corporation, stated that the infrastructure at the project site has been prepared, and functional units are committed to providing electricity and water for operations. The joint venture aims to commence construction on April 30.<\/p>\n According to Mr. Tam, an AI data center can be seen as the “heart” of smart technology infrastructure, helping to process big data and serve urban challenges such as transportation, population management, and economic administration. He also proposed that the city consider piloting mechanisms related to AI data centers and data security to facilitate the development of this new industry.<\/p>\n At the meeting, Ho Chi Minh City People’s Committee Chairman Nguyen Van Duoc said this is the city’s first large-scale data project, holding significant importance in forming the digital infrastructure for a special municipality. Relevant agencies need to coordinate closely to ensure the project is implemented according to the agreed content, goes into operation soon, and contributes to the city’s digital economic development.<\/p>\n Ho Chi Minh City currently possesses a relatively synchronized digital infrastructure platform, with 5G networks covering 70% of its area, 12 operating data centers, and an AI-applied smart urban management system. For the 2026-2030 period, HCMC identifies digital infrastructure development as a core strategy, prioritizing hyperscale data centers and AI infrastructure, aiming to join the top 50 leading smart cities in the world. The city is committed to continuing administrative procedure reforms and establishing interdisciplinary working groups to support strategic investors throughout the project implementation process.<\/p>\n
\nAccording to the plan, the first phase of the project will build an “AI factory” with a capacity of about 50 MW, equivalent to approximately 28,000 GPUs. The data center is oriented to provide computing power for artificial intelligence and high-performance computing applications, serving domestic and international customers while meeting Vietnam’s demand for sovereign AI.<\/p>\n![\"\"](\"http:\/\/vdcc.vn\/wp-content\/uploads\/2026\/06\/Tan-Phu-Trung-1773204466-6533-1773204564.webp\")
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