U.S. President-elect Donald Trump revealed on Tuesday a massive Emirati investment of $20 billion in developing data centers in the United States. The announcement was made within a series of economic declarations through which Trump seeks to highlight his efforts to boost the U.S. economy ahead of his inauguration as President of the United States.

Investment Details

The announcement of the investment was made during a meeting between Trump and Emirati officials and American businessmen in New York, where he indicated that this investment is considered an important step in strengthening economic cooperation between the United States and the United Arab Emirates.

The amount announced by the UAE will be allocated to developing advanced infrastructure for data centers in several U.S. states, with a focus on using the latest technologies in data storage and processing.

Emirati officials confirmed that this step is part of a broader strategy to support innovation and advanced technology and enhance the UAE's presence in the global technology sector.

Trump's Statements

Trump praised this investment, calling it “a testament to the confidence in the U.S. economy.” He added:

“This significant investment proves that international companies and investors recognize that America is on its way to reclaiming its economic greatness. We will work to create a favorable environment for both foreign and domestic investments.”

Trump also promised full support to facilitate the implementation of projects related to this investment, including easing bureaucratic constraints and accelerating approvals.

The UAE's Goals from the Investment

The United Arab Emirates confirmed that its investment in data centers reflects its commitment to enhancing its economic relations with the United States and investing in high-value-added areas such as technology and digital infrastructure.

An Emirati official stated:

“We recognize the importance of data centers as a fundamental pillar of the digital economy. Our investment reflects our strategic partnership with the United States and our commitment to supporting innovation and sustainable growth.”

The Impact of the Investment

The Emirati investment is expected to create thousands of jobs in the technology and engineering sectors in the United States, in addition to supporting small and medium-sized American companies that will participate in implementing the projects.

Moreover, the development of data centers will enhance the United States’ status as a leading destination for data storage and processing, aligning with Trump’s strategy to strengthen digital infrastructure.

A Broader Strategic Cooperation

This investment comes in the context of expanding strategic relations between the UAE and the United States in various fields, including energy, defense, and education. It is also considered part of the UAE's vision to enhance partnerships with major economies and invest in future sectors.

Conclusion

The UAE's $20 billion investment in U.S. data centers represents an important step in strengthening economic relations between the two countries and provides a significant boost to the U.S. technology sector. Trump, for his part, sees this announcement as the beginning of fulfilling his election promises to attract foreign investments and achieve comprehensive economic recovery.