Iceland’s K64 airport masterplan targets data centre growth: Pálmi Randversson, KADECO

About this episode

Pálmi Randversson discusses Iceland's K64 masterplan aimed at attracting data centre growth around Keflavík Airport.

Speaking to Real FDI at Mipim 2026, Pálmi Randversson, managing director of Keflavík Airport Development Company (KADECO), outlines the strategy behind Iceland’s K64 masterplan and the growing international interest in the Keflavík Airport development zone. He explains that K64 - Iceland's Airport Region, as the project is branded, is a long-term development framework for land surrounding Keflavík Airport, aimed at attracting international occupiers and maximising the strategic value of the location. “K64 is a masterplan for the area around Keflavík Airport. We are promoting different development sites next to the airport, capitalising on the airport opportunities and also opportunities related to locating your businesses in Iceland.” Since launching the initiative in 2023, KADECO has been actively engaging with investors and occupiers, with particular momentum in digital infrastructure. “Currently, we have quite extensive data centre development taking place, both extensions to the current data centres that are located there right now, and we are also getting questions and enquiries from other data centre [developers] that want to locate in Iceland.” Randversson highlights…

People in this episode

Guest: Pálmi Randversson

Topics covered

• airport development
• data centres
• international investment
• renewable energy
• Iceland
• K64 masterplan

Keywords

• K64
• data centre development
• Keflavík Airport
• Iceland
• renewable energy
• digital infrastructure
• international occupiers

Mentioned in this episode

Organizations: Keflavík Airport Development Company

Places: Iceland, Keflavík Airport

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