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Saudi Company Finalizes $200M Data Center Project in Uzbekistan

1 report, 1 independent Updated Oct 24
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

A Saudi Arabia-based company, DataVolt, is finalizing the first phase of a $200 million green data center project in Uzbekistan, which has an initial capacity of 12 megawatts. The project plans to expand up to 500 MW, and the first phase is scheduled for completion by the end of 2026. Uzbekistan is offering incentives, including a tax-free regime and affordable electricity, for investors who commit over $100 million to data centers in Karakalpakstan.

From trend.az

Why it matters

Some supportBrind's analysis of the reports

The investment represents significant foreign direct investment into Uzbekistan’s digital infrastructure sector. The incentives offered by Karakalpakstan aim to attract large-scale computing capacity projects, supporting the growth of data-intensive services like cloud computing and artificial intelligence.

From trend.az

Who's involved

  • Saudi ArabiaThe country of origin for DataVolt, the investing company.
  • UzbekistanThe sovereign state hosting the data center and offering investment support.
  • KarakalpakstanThe autonomous republic within Uzbekistan offering tax-free incentives for the project.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • KarakalpakstanSpeculative

    Karakalpakstan could see increased economic standing due to the attraction of $200 million in foreign direct investment.

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The entities involved

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Coverage

Newest first; wire copies grouped