Tay Ninh province receives $3.5 billion AI data centre proposal

A consortium consisting of Saigon Technology and Telecommunications JSC (SAIGONTEL), World Harmony Co., Ltd. (WVU), and SAIF Eagle II Investment Co., Ltd. has proposed a $3.5 billion AI data centre complex in Vietnam’s Tay Ninh province.

The project is planned for a 20-hectare site within the Nam Tan Tap Industrial Park. The proposed facility is designed for a total IT load capacity of 200 MW. In its first phase, the consortium intends to invest $3.5 billion to develop a 100MW facility, with a target groundbreaking date in the fourth quarter of 2026 and commercial operations beginning in 2027.

The consortium is currently working with Tay Ninh authorities and the power sector to finalize power supply plans and necessary regulatory mechanisms to complete the project dossier for investment policy approval.