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Data Center News > Blog > Investments > Chile Goes for $2.6 Billion Bet to Become Data Center Hub
Investments

Chile Goes for $2.6 Billion Bet to Become Data Center Hub

Last updated: May 23, 2024 10:55 pm
Published May 23, 2024
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Chile Goes for $2.6 Billion Bet to Become Data Center Hub
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The federal government of Chile is becoming a member of forces with non-public enterprise to attract billions of {dollars} value of overseas funding in the direction of the nation’s knowledge heart trade.

Chilean President Gabriel Boric outlined plans to construct 28 knowledge facilities in Chile over the approaching years.

The mission would require an funding of US$2.6 billion. If it performs out succesfully, Chile can be positioned as South America’s chief in digital infrastructure.

South America’s very first Google knowledge heart was in-built Chile. Presently, the nation homes 22 services, many catering to neighboring nations and the broader area.

Stability has lengthy been a promoting level for Chile. The nation has no drug violence, has a powerful political local weather and well-developed infrastructure that’s enticing to knowledge heart operators.

Nonetheless, local weather associated challenges, reminiscent of wildfires and droughts, are nonetheless an issue. Final yr, environmental considerations led a courtroom to halt building of a Google knowledge heart in Santiago, citing potential impacts on the town’s water desk.

Nonetheless, Chile’s knowledge heart sector continues to develop. Amazon not too long ago secured environmental approval for a US$200 million knowledge heart mission, whereas US tech large Equinix filed an utility for its fifth knowledge heart within the nation.

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See also  Two data center projects worth a combined EUR 500 mln planned in Bucharest
TAGGED: Bet, billion, Center, Chile, data, Hub
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