Kuok Group Plans €5.3 Billion Data Center Campus Investment in Milan
July 2, 2026
Kuok Group Plans €5.3 Billion Data Center Campus Investment in Milan
Malaysian conglomerate Kuok Group has announced plans to invest approximately €5.3 billion (around $5.7 billion) in the development of a massive data center campus in Milan, Italy. The project underscores the growing strategic importance of southern Europe as a hub for digital infrastructure, driven by rising demand for cloud services and artificial intelligence workloads.
The proposed campus, which is expected to be one of the largest in Europe, will be located in the Milan metropolitan area. The investment reflects Kuok Group’s ambition to expand its footprint in the European data center market, capitalizing on Milan’s position as a key connectivity hub for the Mediterranean region. The company has not yet disclosed the exact timeline for construction or the total power capacity of the facility, but the scale of capital commitment signals a long-term bet on the region’s digital economy.
Industry analysts note that the project aligns with broader trends of hyperscale data center development in Italy, where demand has surged due to increased adoption of cloud computing and edge services. Milan, in particular, has attracted significant interest from global operators due to its robust fiber infrastructure and proximity to major financial and industrial centers. The Kuok Group’s investment could further accelerate the buildout of digital capacity in the country, potentially creating thousands of construction and operational jobs.
The move also highlights the growing appetite for large-scale data center investments among Asian conglomerates, as companies diversify geographically to meet surging demand for data processing and storage. Kuok Group, which has interests spanning property, hospitality, and agribusiness, is positioning itself as a major player in the digital infrastructure sector with this landmark project.
Source: datacenterdynamics
