Hussain Sajwani vows $20 billion investment in U.S. data centers
- Hussain Sajwani plans to invest $20 billion in U.S. data centers to support technology and AI.
- The investment will target states like Arizona, Illinois, Indiana, and Texas.
- This initiative reflects Sajwani's long-standing relationship with Trump and his commitment to innovation.
In January 2025, President-elect Donald Trump announced a significant investment by Hussain Sajwani, a billionaire from the United Arab Emirates, to advance the development of data centers in the U.S. Sajwani, who founded Damac Properties, stated that his $20 billion investment aims to support new data centers across various states, including Arizona, Illinois, Indiana, Louisiana, Michigan, Ohio, Oklahoma, and Texas. This move signifies a deepening of the longstanding relationship between Sajwani and Trump, historically rooted in various ventures, including real estate developments. The funding is expected to enhance the technological capabilities of these regions, which are vital for managing the growing demands of artificial intelligence and digital infrastructure. Trump's announcement follows a New Year's celebration at Mar-a-Lago, alongside Sajwani, highlighting their collaboration on innovation-driven projects. Sajwani has expressed optimism about potentially increasing his investment if favorable market conditions arise, underscoring his commitment to contributing to the technological landscape in America. Additionally, this announcement aligns with Sajwani's recent involvement in substantial investments in data centers worldwide, including commitments in Southeast Asia and Europe. Thus, this $20 billion initiative represents not only a financial boost for the U.S. data center sector but also strengthens the collaboration between American and Emirati business interests.