Amazon Web Services (AWS), the cloud computing unit of Amazon, has announced a significant investment of 15.7 billion euros ($17.02 billion) in data centers in Spain’s Aragon region, as reported by Reuters. This investment, to be carried out over a 10-year period, marks a major expansion for AWS in the country, with the Aragon government describing it as the “largest investment in technology in Spain and southern Europe.”
This new plan supersedes a previous commitment made by Amazon in 2021, which allocated 2.5 billion euros to Spain. The investment in data centers is expected to create around 17,500 jobs annually at local businesses through 2033, according to Amazon. The Minister of Digital Transformation, José Luis Escrivá, highlighted the significance of AWS choosing Spain for this investment, positioning the country at the forefront of technological innovation and Artificial Intelligence in Europe.
In alignment with its sustainability goals, Amazon has pledged to power its data centers in Spain entirely with renewable energy, demonstrating a commitment to environmental responsibility. This move comes as various cloud providers, including AWS and Microsoft’s Azure, have been actively investing in building data centers across Europe, often clustering in the same regions.
The announcement of this significant investment by AWS in Spain underscores the country’s growing importance as a hub for technology and innovation within Europe. By choosing to expand its presence in the Aragon region, Amazon is not only bolstering its own operations but also contributing to regional economic growth and job creation.
In conclusion, Amazon’s investment in data centers in Spain reflects a strategic decision to further establish its footprint in Europe and leverage the country’s position as a center for technological advancement. This move is expected to have far-reaching effects on the local economy, driving job creation and positioning Spain as a key player in the digital innovation landscape. With a strong focus on sustainability, Amazon is also demonstrating its commitment to responsible business practices and environmental stewardship in its operations.
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https://money.usnews.com/investing/news/articles/2024-05-22/amazon-web-services-to-invest-17-02-billion-in-data-centres-in-spain
