Kazakhstan Signs MoU for $1.9 Billion Data Center and Gas Power Plant Project

Kazakhstan’s Ministry of Artificial Intelligence and Digital Development signed a memorandum of understanding with an international consortium led by JMOT04 Ltd. 5 billion and a gas-fired power plant with an annual generating capacity of 250 Megawatts at an estimated cost of upwards of $400 million. 9 billion.

The Kazakh government tapped Ample Solution Ltd to oversee construction. The data center’s location is being determined, with priority given to sites located near gas infrastructure. Many local experts expect the facility to be built in the northern Pavlodar region.

Com reported that the project’s timeline appears to hinge on Kazakhstan’s ability to close an existing power deficit. JMOT04 Ltd. is a London-based group led by Ivor O’Toole specializing in large-scale data center and technology-village developments.

The company was established in 2021. A government statement provided no timeline for completion of the project nor any information about financing. The data center project is central to President Kassym-Jomart Tokayev’s ambition to transform Kazakhstan into a regional AI and digital infrastructure hub and a cognitive economy.

AI Minister Zhaslan Madiyev said: “Kazakhstan has a unique geographic location, favorable climate, and competitive electricity prices. ” Data centers require lots of water to operate. Water supplies are rapidly dwindling in Central Asia.

Kazakhstan’s current domestic generating capacity falls short of fast-growing demand. According to government projections, Kazakhstan will close the power deficit gap by 2027. Energy Minister Sungat Yessimkhanov revealed that Kazakhstan plans to cease electricity purchases from Russia in early 2027.

Com reported.