How well evidenced is it
Construction or financing is evidenced, or several independent signals agree. The rules are fixed and published on the Methodology page.
Named funderYes
Disclosed clientNo
Committed or approved capitalYes
Dated, sized phaseYes
Three or more sourcesYes
Dated source in the last 24 monthsYes
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'.
Phases
Phase 1 · Land and permitting50 MW, target 2027
Full campus · Announced200 MW, target 2030
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
No tenant disclosed. 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.
Power supply
Grid supplyEVN (Vietnam Electricity) · Mar 2026 Reported source ↗ EVN committed to supply power for the first phase of about 50MW IT load.