Ooredoo, Nvidia and Nokia Launch Multi‑Billion‑Dollar AI Platform in Indonesia: The Zankore Impact

Qatar‑based Ooredoo Group, in partnership with Nvidia and Nokia, is rolling out a multi‑billion‑dollar AI compute and neocloud platform named “Zankore” in Indonesia.

Zankore: The New Fortress of Regional AI Infrastructure

Positioned as Indonesia’s first dedicated AI data centre, Zankore aims for 1 GW of AI capacity within three years. The initial rollout commits 200 MW by mid‑2027, powered by Nvidia’s latest GPUs.

Financial Commitment and Projected Returns

■Ooredoo will invest $800 million for a 49% stake, projecting a $600 million EBITDA contribution over five years.

■The venture forecasts $13 billion in revenue and $9 billion cumulative EBITDA across the same horizon.

■The first 200 MW of capacity will be financed through a mix of equity and debt; revenue of $33 million was recorded in H1 2026.

Regional Demand and Competitive Landscape

KPMG projects Indonesia’s digital economy to surpass $130 billion by 2030, while Wood Mackenzie expects regional data‑centre power demand to rise from 2.6 GW in 2025 to 10.7 GW by 2035, driven by AI workloads and cloud adoption.

Strategic Location and Geopolitical Leverage

CEO Aziz Aluthman Fakhroo highlights Indonesia’s youthful, digitally‑savvy population and abundant energy sources (natural gas, hydro) as key enablers for data‑centre deployment. Ooredoo’s existing Middle‑East assets, including MENA Digital Hub and Syntys, already position the group to control the “information highway” that channels the majority of Asia‑Europe data traffic.

Market participants note that Ooredoo’s low net‑debt‑to‑EBITDA ratio (0.6×) and ample liquidity provide a solid foundation for sustainable growth in the regional AI infrastructure space. Nonetheless, energy cost volatility and regulatory uncertainties remain risk factors that warrant close monitoring.