SALALAH: The Ministry of Transport, Communications, and Information Technology (MoTCIT) inaugurated the Afaaq for Advanced Technologies data hosting and cryptocurrency mining center at Salalah Free Zone on Sunday.
Opened in the presence of Eng. Said Hamoud Al Ma’awali, Minister of Transport, Communications, and Information Technology, the center is valued at over RO135 million ($370 million) and is the second major data hosting and processing venture that MoTCIT has attracted in recent months.
The first, Al-Madina Al-Khadraa, was announced in November 2022 and is valued at RO150 million.
The combined investment of RO285 million in these two data centers is a significant boost for Oman's digital economy as they will create hundreds of jobs for Omanis and help to position the country as a leading destination for data hosting and processing in the region.
Al Maawali said that the new data centers are a "major milestone" in Oman's digital transformation journey. He added that the centers will "help to accelerate the growth of our digital economy and create new opportunities for Omanis."
The minister also praised the efforts of Afaaq for Advanced Technologies in setting up the new data centers. He said that the company is "a leading player in the data hosting and processing sector, and we are confident that they will be a valuable asset to Oman's digital economy."