President-elect Donald Trump has announced that Hussain Sajwani, an Emirati billionaire businessman who founded the property development giant DAMAC Properties, will invest $20 billion in new data centers across the United States.

Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,

President-election Donald Trump said billionaire DAMAC Properties’ Hussain Sajwani was “inspired” to make the investment by the results of the U.S. presidential election. The first phase of the project will take place in Texas,