The agreement, signed August 20 with Nam Trang Cat Investment and Development Joint Stock Company and SG Partners, outlines a two-year cooperation period. The partners plan to spend the coming months validating the technical and financial feasibility of the site, which spans roughly 2 million square meters.
BTC Digital Eyes 300 MW AI Data Center in Vietnam
A 300-megawatt power load capacity in Hai Phong’s Nam Trang Cat Industrial Park serves as the foundation for a new artificial intelligence data center project. BTC Digital Ltd. has formalized a three-party memorandum of understanding to explore the viability of this massive digital infrastructure expansion in Southeast Asia.
Under the framework, Nam Trang Cat will manage local coordination and site conditions, while SG Partners handles investor relations and financing. BTC Digital will leverage its existing computing infrastructure expertise to oversee technical design and project evaluation. Siguang Peng, CEO of BTC Digital, stated that the company will proceed in stages, delaying major construction or capital commitments until key conditions—including permitting and power interconnection—are fully verified. The initial phase includes a six-month period of exclusivity for the parties to finalize their working group and engineering concepts.
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