WATCH: President-Elect Trump Announces $20 Billion Investment In U.S. by DAMAC Properties
By Space Coast Daily // January 7, 2025
ABOVE VIDEO: President-Elect Trump speaks to the press from Mar-a-Lago after the president-elect’s historic victory was officially certified by Congress. Today, President-Elect Donald J. Trump joined Hussain Sajwani, CEO of DAMAC Properties, to announce a significant $20 billion investment in the United States.
WEST PALM BEACH, FLORIDA – Today, President-Elect Donald J. Trump joined Hussain Sajwani, CEO of DAMAC Properties, to announce a significant $20 billion investment in the United States.
This initiative is set to create thousands of jobs for American workers and will establish new data centers across several states, including Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana.
The project has been dubbed the “TRUMP EFFECT.”
This announcement adds to the wave of investments in the U.S. following President Trump’s electoral victory.
Just last month, SoftBank unveiled plans for a $100 billion investment over the next four years, which is expected to generate over 100,000 jobs in artificial intelligence and critical infrastructure development.
These initiatives reflect President Trump’s commitment to revitalizing American industry and fostering economic growth. Anchored by his “Made in America” agenda, the administration has focused on incentivizing companies to manufacture products domestically with American workers.
Measures such as tax cuts, regulatory reforms, wage increases, and efforts to enhance incomes aim to position the U.S. as a global leader in innovation.
With these efforts underway, the future looks promising for American business and innovation.
DAMAC Properties has grown to become one of the world’s foremost luxury developers, with projects spanning the GCC, Levant, Middle East, United States and United Kingdom.
DAMAC adds vibrancy to the cities in which its projects are located, with a huge and diverse portfolio that includes skyscrapers, communities and branded residences. To date DAMAC has delivered c. 47,000 quality homes, with c. 33,000 more under way.
