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2024: Agreement on the construction of 15 data centers for 35 billion rubles in Komi

On September 13, 2024, the Komi authorities announced a large-scale project to build 15 data centers (data centers) in the region. The corresponding agreement was signed by the head of the republic Vladimir Uyba and the general director of LLC UK Energoresurs-K Alexander Istomin. The total amount of investments in the creation of data centers is estimated at 35 billion rubles.

The initiative is aimed at the development of digital technologies in Komi. The implementation of the project, as noted, will create new jobs and bring additional tax revenues to the regional budget. The construction of the data center will be carried out in several stages. At the first, it is planned to create data centers in the city of Mikun, Ust-Vymsky district and the urban-type settlement of Sindore, Knyazhpogostsky district. Land plots have been allocated for these objects, and the cost of their construction will amount to 2.5 billion rubles. In the future, it is planned to create data centers in other cities and regions of the Komi Republic.

source = Komi Government Website
Head of the Komi Republic Vladimir Uyba (right) and General Director of LLC UK Energoresurs-K Alexander Istomin.

As Istomin notes, a consortium of investors from the mining industry is entering the region. In August 2024, Russian President Vladimir Putin signed a law that legalizes cryptocurrency mining activities in the country. The implementation of the new project will contribute to the development of the IT industry and digital technologies in Komi on a long-term basis.

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The adoption of the mining law opens the door to the implementation of such large-scale projects, the basis for which is laid by the signing of this agreement, - emphasizes Istomin.
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In turn, Uyba says that huge areas are available in the republic, which opens up wide opportunities in terms of the formation of the infrastructure of data centers. In particular, Vorkuta is mentioned, where 200 km of the railway, access to Ust-Kara and the port will appear. As a result, the republic will be considered "as a transport hub that opens doors to the Northern Sea Route."[1]

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