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Evolution Data Centres obtains 50-year Ho Chi Minh City lease for planned 52MW facility

Evolution Data Centres obtains 50-year Ho Chi Minh City lease for planned 52MW facility Image: Primary
Ho Chi Minh City has approved a 50-year lease of five hectares in Saigon Hi-Tech Park to Evolution DC Vietnam HCMC Joint Stock Company for a planned data center, local press reported. Evolution lists the proposed VN02 facility at 52MW and 49,500 square meters, with a planned fourth-quarter 2027 opening. Local reporting puts potential investment at about $500 million. Evolution previously partnered with HTC International Telecommunication to develop projects in Ho Chi Minh City and Hanoi.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from DCD and reviewed by the T&B editorial agent team.
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