Cyta has signed an agreement to acquire the RedMax Data Centre in the Latsia Industrial Area, marking a significant expansion of its digital infrastructure and reinforcing Cyprus’ ambitions to strengthen its position as a regional data hub.
The acquisition includes a phased expansion and upgrade of the facility. The first phase is expected to become operational in early 2027, with the completed project set to become the largest privately owned data centre in Cyprus.
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Expanding Digital Infrastructure
The investment significantly expands Cyta’s data centre portfolio, increasing its capacity to provide cloud services and equipment colocation for businesses, public sector organisations and international institutions.
According to Cyta, the upgraded facility will offer secure, high-availability infrastructure built to international standards, incorporating advanced physical security and cybersecurity systems, ISO certifications and renewable energy sources to meet part of its electricity demand.
“The investment is the next significant step in the development of Cyta Data Centers,” the company said, adding that the project will strengthen its ability to deliver cloud and hosting services at a larger scale.
Cyta also said the investment, together with its existing data centres and international submarine cable network, will further enhance Cyprus’ role as a regional digital hub while supporting the country’s technological and economic development.
Part Of A Global Data Centre Expansion
The investment comes as spending on data centres accelerates worldwide, fuelled by growing demand for cloud computing and artificial intelligence infrastructure.
Technology research firm Omdia estimates cumulative global investment in data centres will approach $1.6 trillion by 2030, while leading technology companies are expected to spend more than $600 billion on AI infrastructure in 2026 alone.
McKinsey & Company projects that global investment in data centres will reach $6.7 trillion by 2030, with the majority directed toward AI-ready facilities capable of supporting increasingly complex computing workloads.
Strengthening Cyprus’ Digital Position
Against that backdrop, Cyta’s investment reflects the growing strategic importance of digital infrastructure as countries compete to attract cloud services, AI workloads and international data storage.
For Cyprus, the project represents more than an expansion of capacity. By combining a larger data centre footprint with its international submarine cable network, Cyta is strengthening the island’s position as a digital gateway connecting Europe, the Middle East and neighbouring regions.
