President-elect Donald Trump announced a $20 billion foreign investment to build new data centers across the United States.

Trump announced the investment with Emirati billionaire Hussain Sajwani at Mar-a-Lago in Palm Beach, Florida.

“Thank you very much,” Trump said. “It’s an honor to be with you. Many things are happening that are exciting, very exciting for our country, and we’re honored to welcome one of the most respected business leaders in the Middle East, indeed the world. He’s a founder and chairman of DAMAC Properties, Hussain Sajwani, a very respected gentleman. 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, and they may go double or even somewhat more than double that amount of money. It is a great thing, and I believe he will say that he’s doing it because of the fact that he was very inspired by the election. They wouldn’t do it without that election. I can tell you a lot of people wouldn’t. You saw last week where we have somebody who’s going to go from 100 to $200 billion and we have many other people and we’ll be bringing some of them out.

“Some of them like to do it somewhat more quietly and some don’t, and they feel so strongly about the country that they want to let people know about it, but it’s an honor to have such a great investor investing in our country. The investment will support massive new data centers across the Midwest, the Sun Belt area, and also to keep America on the cutting edge of technology and artificial intelligence, he’s very big into the data centers and that’s going to be a very hot item in the coming years as you know with AI in particular. The first phase of the project will be in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana, those places.”