Mr. David Urbaneja-Furelos, Unit Head for Private Sector Infrastructure Finance in the Caucasus Region at the Asian Development Bank (ADB), emphasized the critical importance of data processing centers for the economic development of Armenia and Georgia in a recent interview with BMG.
He likened the significance of data centers to traditional infrastructure such as roads, airports, and railways. As companies, banks, governments, and educational institutions increasingly move to cloud-based services, Urbaneja-Furelos stressed that data centers are essential to accommodate the growing information needs.
However, he also highlighted the energy-intensive nature of data centers, underscoring the need for continued investment in energy projects, particularly renewable energy, to ensure the sustainability of these digital infrastructure developments.
