Saudi Arabia and Gulf Cooperation Council to Localize Digital Infrastructure with PIF's Investment in DigitalBridge
The Public Investment Fund (PIF) has invested in DigitalBridge to establish data centers across Saudi Arabia and the Gulf Cooperation Council (GCC) region.
The partnership aims to localize technologies and support knowledge transfer to develop and operate hyper-scale data centers and database servers in the Kingdom and GCC region.
The investment is in line with PIF's strategy to enable sectors and increase local content.
DigitalBridge is a US-based digital infrastructure firm that specializes in investing and operating cell towers, data centers, fiber, small cells, and edge infrastructure.