NGN Group commissioned the Star of Bosphorus Data Center, one of Turkey’s largest data center investments, in Tuzla/Istanbul as part of a USD 140 million investment. Industry and Technology Minister Mustafa Varank and Investment Office President Arda Ermut took part in the inauguration of the center.
Industry and Technology Minister Mustafa Varank said, “We will write Turkey’s new growth and development story with the National Technology Initiative, which will lead to digital conversion in all areas.”
Investment Office President Arda Ermut added, “Developments in data volume and diversity with the widespread use of technology have enabled concepts such as big data, artificial intelligence, and fintech to emerge and become part of our life. Hence, data centers and data storage have become an important part of the new world ecosystem. In this context, NGN's high-tech Star of Bosphorus Data Center investment is a type of investment we encourage and prefer. In this period of time when information security and data protection are crucial, data center investment is of great importance for many sectors, particularly the financial sector. We are aware of such investments in order to move up in the value chain.”
NGN Chairman and CEO İnanç Erol said, “As NGN, we want to activate the potential of the data center sector with Star of Bosphorus. We set off with the goal of Turkey being also the data center, which is already the logistics base of its region.”
Located on 24,000 square-meters of indoor space area, Star of Bosphorus will provide employment for more than 1,000 people.