Mongolia’s Sovereign Wealth Fund Seeks Data Center Development Partners
Mongolia’s $1.4 billion sovereign wealth fund is actively courting data center developers to capitalize on the country’s favorable climate and available clean energy. The initiative includes developing special economic zones as part of the massive Hunnu City smart city project outside Ulaanbaatar.
Mongolia’s sovereign wealth fund is actively pursuing data center development opportunities, leveraging the country’s vast land resources and favorable climate conditions to attract international investors. The Chinggis Khaan Sovereign Wealth Fund, named after the legendary Genghis Khan, sees significant potential in transforming Mongolia into a regional hub for digital infrastructure.