Amazon to build $10 billion data center network in Madison County, Mississippi in exchange for tax and other benefits
The Amazon Web Services cloud platform will create a network of data centers in Madison County (Mississippi, USA). The total costs of the project called “Project Atlas” are estimated at $10 billion. This project has been approved by the authorities and a number of incentive measures have already been approved for it.
Among the preferences received by Amazon from the US authorities are:
100% exemption from corporate income tax for 10 years:
tax credits on sales and any investments made within a year of project completion;
a refund of 3.15% of construction costs and a full exemption from equipment sales and use tax.
In addition, under an agreement with the regional government, the company will receive a 30-year tax exemption if it annually invests at least $500 million in the region and creates 50 additional jobs.
Amazon will build several data center campuses in two industrial zones in Madison County, with 1,000 jobs. The data centers will occupy an area of 688 hectares. It is planned to complete the work by 2027. Amazon will also create various training programs for high school students, students and teachers of local educational organizations, including free ones in the field of network infrastructures, data centers and clouds.
The data centers will be powered by additional solar farms deployed by energy company Entergy Mississippi in Hinds, Washington and Tallahatchie. Entergy Mississippi will invest $2 to $3 billion in these sites.