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Data Center News > Blog > Investments > Data center investment in Barcelona could generate €7bn in 2025
Investments

Data center investment in Barcelona could generate €7bn in 2025

Last updated: May 16, 2024 6:04 pm
Published May 16, 2024
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Presentation of the 'Barcelona, Digital Port of the Mediterranean' report
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It’s anticipated that by 2025 information facilities in Barcelona may have a capability of 173 MW, which might translate into an influence of €7.23 billion on the GDP and generate 2,200 jobs, in keeping with the ‘Barcelona, Digital Port of the Mediterranean’ report, revealed on Thursday, by Digital Realty and DE-CIX.

In accordance with the research, to attain the standing of a digital port, it’s essential to develop an ecosystem of information facilities, impartial factors, cloud service suppliers, communications networks, system integrators, and consultants.

The report forecasts that 1,030 jobs would created within the building section, 713 within the operation section, and 385 all through the ultimate course of.

Multiplier impact

Specialists report that the info facilities business multiplies by seven euros for every invested euro. 

“If the introduced funding of 1.04 billion euros to succeed in the 173 MW capability materializes, the influence would imply a rise equal to 7.7% of Barcelona’s GDP in 2022,” the report .

Representatives of information corporations took half within the research presentation and underlined their confidence in Barcelona.

“Though Barcelona has not traditionally been an funding vacation spot for information middle suppliers, the arrival of submarine cables, the communications community, and the geographic location for information trade within the Mediterranean make it a redundancy middle for the one in Marseille, France,” Robert Assink, CEO of the info firm Digital Realty in Spain, stated on Thursday.

One of many already-based information middle corporations in Barcelona is DE-CIX already has three websites throughout the Iberian Peninsula, together with the Catalan capital.

See also  Uplinq Raises $10M in Series A Funding

“DE-CIX wager on Barcelona two and a half years in the past as a result of we consider in its clear digital future,” Theresa Bobis, DE-CIX Southern Europe regional director, stated through the announcement.

“Now we see that the ecosystem is growing step-by-step, as we now have already seen in different cities around the globe,” she added.

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TAGGED: 7bn, Barcelona, Center, data, generate, Investment
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