President-elect Donald Trump has announced a US$20 billion investment from Hussain Sajwani, Chairman of Damac Group, to build data centers in the United States (US).
The project aims to strengthen the US's technology sector and create jobs.
The first phase will involve Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana, ensuring that the US does not lag behind in technology.
Trump stressed that the investment reflects a new confidence in the US economy under his leadership.
Sajwani confirmed that Damac Group is ready to invest more if conditions allow.
Trump also promised to reduce bureaucratic barriers, making it easier for businesses to grow.
He plans to lower corporate taxes, reduce regulations, and speed up project approvals to attract more investors.
Despite concerns over his trade policies and strict immigration plans, supporters see the investment as proof that his economic strategy is working.
