According to a September 23 press release, the agency, known as USTDA, signed an agreement with Stavian Hightech Infrastructure JSC, a technology company within Stavian Group, to support the study. Stavian Digital Park is described as one of Southeast Asia’s largest planned data center campuses.

The project is intended to serve hyperscale AI and cloud infrastructure operators, including US companies. The campus is also designed to accommodate telecommunications service providers that meet “trusted” standards.

Illinois-based Cushman & Wakefield will conduct the study, focusing on a procurement framework, a financial model and a master plan for the campus. It will also cover essential infrastructure, including power supplies, cooling systems and network connectivity.

The project is expected to establish criteria requiring customers to use secure equipment. According to USTDA, this approach is intended to help lay the groundwork for financing while creating opportunities for US companies to supply technology and solutions.

“Vietnam is becoming a hub for data and AI infrastructure development in the Indo-Pacific,” said USTDA Deputy Director Thomas R. Hardy. He said the project would help meet Vietnam’s growing digital infrastructure needs and enable US companies to provide technology and expertise for similar projects.

Tony Dinh, chairman and CEO of Stavian Group, said Stavian Digital Park is intended to help Vietnam attract more international technology investment and become a regional hub for AI and cloud computing. The USTDA grant will enable Cushman & Wakefield to develop a feasibility study with a sufficiently robust financial basis to guide investment decisions and financing efforts.

USTDA did not disclose the project’s total investment, planned power capacity or expected data processing capacity in its press release. The agency said the project would “significantly” expand Vietnam’s data center capacity and meet the infrastructure requirements of next-generation AI systems.

Du Lam