Yerevan will "reap little from the construction of Western data centers" in Armenia: Overchuk
02.04.2026,
13:12
Yerevan will gain little from the construction of Western data centers in Armenia, and the long-term effects will be mostly negative, according to Russian Deputy Prime Minister Alexey Overchuk.
YEREVAN, April 2. /ARKA/. Yerevan will gain little from the construction of Western data centers in Armenia, and the long-term effects will be mostly negative, according to Russian Deputy Prime Minister Alexey Overchuk.
"Armenia will gain little from this, and the long-term effects will be mostly negative," he said in an interview with TASS.
According to Overchuk, the construction of data centers creates almost no jobs, and collecting taxes from their profits is "an art form in itself." "However, it is known that the presence of data centers directly influences the growth of retail electricity prices, which will also impact the real lives of people and businesses," the Russian Deputy Prime Minister added.
"Armenia will gain little from this, and the long-term effects will be mostly negative," he said in an interview with TASS.
According to Overchuk, the construction of data centers creates almost no jobs, and collecting taxes from their profits is "an art form in itself." "However, it is known that the presence of data centers directly influences the growth of retail electricity prices, which will also impact the real lives of people and businesses," the Russian Deputy Prime Minister added.