The largest technology companies on earth are placing their next generation of infrastructure not in the places you would expect, but along a corridor most capital has not yet noticed. Central Asia has the two things artificial intelligence needs most and the established markets have run short of: land at scale, and electricity that is both abundant and cheap.
Uzbekistan has moved decisively. By presidential decree it has created a dedicated zone in Karakalpakstan for AI and data centre projects, with an incentive package built for serious capital: for investments above one hundred million dollars, full exemption from value added, profit, property and land taxes and from customs duties until 2040, a zero rate on dividends paid to foreign shareholders, and electricity fixed at five cents per kilowatt hour, among the lowest rates in the region. Where an investor contributes a quarter of the capital themselves, the state builds the external infrastructure, the power, roads, water and fibre, around them.
Beckon does not sell this investment and does not promise its returns. What we do is open the door and hold it. We convene the authorities, the counsel and the on-ground partners; we structure the entry so the incentives actually apply; and we manage the relationship through construction and beyond. For a family considering a position in the infrastructure the next decade will run on, the difficulty is rarely the capital. It is knowing whom to call, and being certain the person who answers is the right one. That is precisely what we are.