Yes, that is true, we already signed contract for electricity supply in Oskemen and Pavlodar cities for our mining center, which is currently under construction.
It is estimated that 74% of all bitcoin mining is conducted in China. This is mainly due to its cheap electricity rates. But Hashshare found cheaper electricity rates in Kazakhstan. Also Kazakhstan has cold winters, and cooler summers make it ideal for the systems required in mining, which are often prone to overheat quickly. Even if the Bitcoin will be valued between $4,500-5,000, still it will be profitable to mine Bitcoin in Kazakhstan.