Amazon’s cloud computing unit AWS mentioned Wednesday it might make investments 15.7 billion euros ($17.02 billion) in information facilities in Spain’s northeastern Aragon area, considerably boosting its enlargement plan within the nation.
The Aragon authorities mentioned in a separate assertion the funding can be carried out over 10 years within the area that’s already a hub for Amazon in Spain, calling the plan “the biggest expertise funding in Spain and southern Europe.”
Amazon mentioned in an announcement the brand new plan changed a earlier one introduced in 2021 when the corporate earmarked 2.5 billion euros for Spain.
The funding will help the creation of an estimated common of 17,500 jobs in native corporations per 12 months by 2033, Amazon mentioned.
“Amazon Internet Providers’ resolution to decide on Spain locations us on the forefront of expertise innovation and Synthetic Intelligence in Europe,” Digital Transformation Minister Jose Luis Escriva was quoted by Amazon.
The U.S. tech large mentioned it’ll energy its information facilities in Spain absolutely with renewable vitality.
Totally different cloud suppliers resembling AWS and Microsoft’s Azure have been investing closely throughout Europe to construct information facilities and have clustered in the identical areas prior to now.