[TechUkraine news] The first large-scale Data center worth 1 Billion to be built in Ukraine

The Ministry of Digital Transformation of Ukraine and international technology holding Techiia holding signed a memorandum of cooperation on the development of the Information Technology industry, construction of data centers, development of esports, and STEM education. It also envisages the building of the first large-scale technology project in Ukraine, which solves the global problem of high-speed data processing.

This cooperation implies the implementation of the Ecotechnopark project in the Kherson region. In its core is the data center with a capacity of up to 500 MW, which will perform the functions of storage, data processing, and 3D-rendering, reads the TECHIIA press release.

It’s planned to attract at least $200 million in infrastructure investments for the implementation of the first phase of the project. The data center will maintain the equipment worth about $1 billion. And at least 200 jobs will be created.