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SGI-HCM Campus (AI Data Center Complex)

Cu Chi, Ho Chi Minh City, Vietnam · HCMC metro market · location approximate to district level

SGI-HCM Campus (AI Data Center Complex) is a data center project in Cu Chi, Vietnam, operated by AIC / KinhBac City (KBC) JV. It is at the land and permitting stage. It is planned for 200 MW of IT load.

Latest change on record: entered the record as land and permitting on 21 July 2026.

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Stage
Land and permitting
Planned IT load
200 MW
Running now
Not disclosed
Operator
AIC / KinhBac City (KBC) JV
Joint venture
AI workloads
Likely
Evidence grade
Corroborated
Will it get built?Open question3 of 7 gates passed
✓ Land secured✓ Power arranged○ Approvals granted✓ Money committed○ Tenant or own use○ Builder appointed○ Construction started

Next gate to watch: Approvals granted.

Your call. Will it be built?

Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.

How Vietnam approves, powers and taxes data centers is on Data center rules in Vietnam.

How well evidenced is it

Construction or financing is evidenced, or several independent signals agree. On record: named funder, committed or approved capital, dated, sized phase, three or more sources, dated source in the last 24 months. Criteria.

AI workloads

StatusLikely

Purpose-built AI campus: 200MW IT load designed to run up to 100,000 GPUs; phase 1 50MW ~= 28,000 GPUs. No dated source yet for a signed GPU tenant or a liquid-cooling spec, so 'likely' not 'confirmed'.

Access to AI chips

GradeNo public signal

Nothing found in the public record. This describes the record, not the company, and it is not evidence that access was sought or denied. Criteria.

Licence required as enforced (Country Group D:1), no named authorisation found · Licence required as enforced (Country Group D:1), no named authorisation found (2026-09-27) source

Phases

Phase 1 · Land and permitting50 MW, target 2027
Full campus · Announced200 MW, target 2030

Stage history

2026-07-21Land and permitting · baodautu.vn

Who is behind it

OperatorAIC / KinhBac City (KBC) JV · Joint venture
Funder, EquityAccelerated Infrastructure Capital (AIC)
Funder, Joint venture partnerKinhBac City Development Holding (KBC)
Funder, DebtVietinBank

Who uses the compute

Checked on 2026-10-01. No user of this capacity is on the public record. ArusGrid read the operator's releases, the landlord's and contractors' exchange filings, regulator and lender documents and interconnection records. Most colocation leases are confidential, so this says nothing about occupancy.

Money at this site

Announced investment, 2026-03US$2,100m

The figure covers the whole campus.

Land
Industrial estateKinh Bac City Development (KBC), Tan Phu Trung Industrial Park · 10 ha · Oct 2025 Reported source ↗
KBC contributes a 10 ha site in Tan Phu Trung Industrial Park. Terms not disclosed.
Industrial estateTan Phu Trung Industrial Park (operator not named in source) · 10 ha · Mar 2026 Reported source ↗
Campus spans 10 hectares in Tan Phu Trung industrial park, Cu Chi.
Power supply
Grid supplyEVN (Vietnam Electricity) · Mar 2026 Reported source ↗
EVN committed to supply power for the first phase of about 50MW IT load.

Sources

  1. theinvestor.vn
  2. constructionreviewonline.com
  3. datacenterdynamics.com
  4. vneconomy.vn
  5. cafef.vn
  6. baochinhphu.vn
  7. 11 du an trung tam du lieu tai TPHCM (Dan Viet, 2026-05-07)
  8. TP HCM khoi cong Trung tam du lieu AI hon 2 ty USD dip 30/4 (VnExpress, 2026-03-11)
  9. Vietnam's data centre race draws multibillion-dollar investment (VietnamPlus, 2026-08-28)
  10. Cảng Cần Giờ, trung tâm dữ liệu lớn mang nguồn vốn FDI kỷ lục về TP.HCM (CafeF, 2026-09-25)
  11. Dòng vốn tỷ USD đổ vào cuộc đua hạ tầng số (Bao Dau tu, 2026-08-01)
  12. HCMC seeks clarification on power price for $2.1B AI data center (TNGlobal, 2026-10-16)
  13. Press release 11-03-2026 (Kinh Bac City Development Holding Corporation (KBC), 2026-03-11)
  14. Vietnam's US$2 billion AI data center to start construction in April (W.Media, 2026-03-12)
  15. Ho Chi Minh City backs $2 billion AI data centre with dedicated task force (Thời báo Tài chính Việt Nam, 2026-01-06)
  16. Bí thư Thành ủy TPHCM Trần Lưu Quang: Tạo điều kiện thuận lợi để triển khai dự án trung tâm dữ liệu AI (Sài Gòn Giải Phóng, 2026-03-11)
  17. KBC, AIC, and VietinBank to develop AI data centre in Ho Chi Minh City (iTnews Asia, 2025-11-12)
  18. HCMC sets up task force to expedite US$ 2 billion data center (W.Media, 2026-01-08)
  19. TP.HCM sắp có 'cỗ máy AI' 2,1 tỷ USD (VnBusiness, 2026-03-11)
  20. Đô thị Kinh Bắc (KBC) chốt mục tiêu lãi 3.000 tỷ đồng, đón đầu xu hướng hạ tầng khu công nghiệp và dữ liệu AI (Doanh nhân (Báo Pháp luật Việt Nam), 2026-03-31)

Same campus, Tan Phu Trung IP (Cu Chi)

More in HCMC metro

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