The craziest part about the 2024 presidential election isn’t just that President-elect Donald Trump won the popular vote, the Electoral College, and all seven swing states. I mean, yeah, that’s wild, but the real mind-blower is that he’s somehow managed to get more positive things done for the country in just two months, without even being sworn into office, than President Joe Biden did in his whole four-year term. If what he’s accomplished in that time span is any indication of what’s coming up during his administration, we’re going to be enjoying a whole lot of winning.
At a news conference that was held on Tuesday from his Mar-a-Lago estate in Florida, the president-elect announced a new $20 billion U.S. investment from foreign investor Hussain Sajwani, who is the founder and the CEO of the Emirati property firm Damac. Sajwani spoke to reporters saying he and his company have “been waiting four years” to make the investment.
In a clip posted to the social media platform X, Trump introduced Sajwani as “one of the most respected business leaders in the Middle East, indeed the world.” Then, having praised his negotiating partner, the president-elect shared the good news.
“I’m thrilled to announce today that Damac will be investing at least $20 billion over a very short period of time into the United States,” Trump went on to say concerning the investment from Sajwani and his firm. “And they may go double or even somewhat more than double that amount of money.”
Last month, Trump took a similar approach while introducing a major Japanese investor, Masayoshi Son of Softbank. Whether or not Sajwani increases the investment, the people of the Midwest and Sun Belt will benefit. Trump announced plans to build “massive new data centers” that will “keep America on the cutting edge of technology and artificial intelligence” in eight states: Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana.
According to the industry news outlet Data Center Dynamics, Damac has commenced building data centers in eight countries, including Spain and Indonesia. Of course, Trump also made sure to note that the 2024 election helped trigger Sajwani’s investment.
“I believe he will say that he’s doing it because of the fact that he was very inspired by the election,” Trump remarked. And that’s precisely what Sajwani said as he came to the podium to speak to the media.
“It’s been amazing news for me and my family, when he was elected in November,” the investor commented. “We’ve been waiting four years to increase our investments in U.S. to very large amount of money,” he continued. The fact Trump soundly defeated Vice President Kamala Harris in November is what led Sajwani to make this decision.
“We’re very, very excited now, with his leadership and his open strategy and policy to encourage businesses to come to U.S.,” Sajwani told the press. “For the last four years we’ve been waiting for this moment,” he said once again, “and we’re planning to invest $20 billion, and even more than that if the opportunity and the market allow us.”
WATCH: Donald Trump announces huge $20 billion investment into the U.S. for the construction of "massive new data centers" across the Midwest and Sunbelt.
Trump says they may DOUBLE that investment as well. Hussain Sajwani is the CEO of DAMAC and is leading the investment.
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— TV News Now (@TVNewsNow) January 7, 2025
I don’t know about you, but I’m absolutely not sick of winning yet. Let’s keep the ball rolling.