In an important economic announcement, Hussain Sajwani, the chairman of DAMAC Properties, revealed plans to invest $20 billion in the United States, a move developed in partnership with President Donald Trump. The announcement came during a press conference where Sajwani expressed his excitement about increasing investments in the U.S. market, particularly in the realm of data centers catering to artificial intelligence and cloud services.

Sajwani stated, “We have been waiting for this moment for four years. Our company operates in over 20 countries and has delivered more than 45,000 luxury units, with another 45,000 in the pipeline. With the new leadership and open business policies, we see a great opportunity to expand here.”

President Trump praised the investment, indicating that it would support the establishment of multiple new data centers across several states, including Texas, Arizona, and Oklahoma, ensuring America remains at the forefront of technological innovation. He emphasized the commitment to facilitating investment by streamlining environmental review processes for projects exceeding $1 billion.

“This is just the beginning,” Trump declared. “As we build these infrastructures, we will continue creating a favorable environment for investors committed to contributing to America’s growth.” The partnership reflects expanding ties between the U.S. and international businesses, focusing on advancing technology and infrastructure in the rapidly evolving data sector.