en.Wedoany.com Reported - K2 Strategic, the digital infrastructure division of the Asian multinational conglomerate Kuok Group, plans to build a hyperscale data center campus in the southern Milan area of Italy, with a total investment potentially reaching €5.3 billion and an estimated total capacity of approximately 300 megawatts.
Italy's Minister of Enterprise and Made in Italy, Adolfo Urso, met with a K2 Strategic delegation at the Palazzo Piacentini in Rome. The company was led by CEO Meng Wei Kuok. The core of the talks was the company's investment plan in Italy, a project of significant scale impacting the Italian market, capable of activating up to 8,000 full-time jobs during the construction phase and employing approximately 200 direct staff upon operation.
This Italian project is part of K2 Strategic's global expansion. The company states its investment commitment is $10 billion, targeting 1,200 megawatts of data center capacity by 2030. The group claims its strategy encompasses connectivity, operational continuity, energy availability, and sustainability, positioning Italy as a key platform for serving European demand.
The Italian Ministry of Enterprise and Made in Italy will coordinate with the Lombardy region, respecting its recently enacted regulations, to support investment development in the data center sector. On June 3, Urso held a meeting at the ministry with Attilio Fontana, President of the Lombardy region, to explore opportunities arising from regional regulations. A government-regional liaison group was established to coordinate approval procedures and processes related to national strategic interests. The Milan area is a hub for Italy's digital demand, but the site selection for a hyperscale campus requires balancing land, grid, connectivity capacity, approval timelines, and sustainability.
Data center growth depends on the region's ability to provide adequate energy infrastructure. A campus of approximately 300 megawatts requires stable power and ultra-fast connectivity. K2 Strategic integrates its global strategy with sustainable infrastructure and renewable energy solutions, aligning with the European market's focus on energy efficiency, decarbonization, and supply security. The Italian Ministry of Enterprise and Made in Italy emphasizes that institutional coordination aims to avoid procedural fragmentation and promote more cohesive development.
K2 Strategic's investment comes at a time when data centers are becoming a critical component of digital industrial policy. Sectors such as cloud computing, artificial intelligence, and cybersecurity rely on physical infrastructure that provides computing power and low latency. If built to the described scale, the southern Milan campus could enhance Italy's positioning on Europe's digital infrastructure map, with its planned capacity making it one of the largest projects in the country. Key subsequent steps involve approvals and coordination at the industrial level, engaging the government, region, local authorities, energy operators, and infrastructure entities. Italy's competitiveness in the data center sector will depend on speed, security, sustainability, and network integration capabilities.
This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com
