It is looking for investors, including local banks with possible debt financing, and businesses to participate in the project, he said.
Saigon Asset Management seeks to develop a data centre hub in southern Vietnam with an estimated investment of as much as US$1.5 billion ($2.02 billion), it said in a release.
The 150-megawatt hub will be developed in stages with the first facility expected to be operational within two years, said Louis Nguyen, CEO of the Ho Chi Minh City-based US private equity firm focusing on areas from AI to education.
