One key point to understand is that the growing demand for artificial intelligence(AI) infrastructure across all sectors and regions cannot be met solely through state funding," the President stated.

Under the second phase of the IT Park project launched today, a 12-megawatt data center will be commissioned in partnership with Saudi Arabia’s Data Volt company, with an investment of USD 150 million. In the next stage, total capacity will increase to 500 megawatts through an additional investment of USD 3 billion. 

It was emphasized that creating a more attractive environment for investors and expanding the number of modern supercomputer clusters and data centers is essential.

Since about 70% of the costs of such centers come from electricity consumption, investors raised the issue of introducing competitive electricity tariffs.

The initiative will begin in Karakalpakstan. Investors allocating over USD 100 million to AI infrastructure will receive electricity at a rate of 5 cents per kilowatt-hour, enjoy all IT Park incentives, and be exempt from customs duties on imported equipment.

“This step will not only mark a major leap forward in the AI sector but also make a meaningful contribution to Karakalpakstan’s economic development,” the President said.

Additionally, starting next year, satellite internet operators will begin operations to provide high-speed internet access in remote regions. These operators will be exempt from land, property, profit, and value-added taxes for a five-year period.