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Amazon to invest $3 billion to open data centres in Spain in 2022
Amazon to invest $3 billion to open data centres in Spain in 2022

Published : 4 years ago, on

MADRID (Reuters) – U.S. tech giant Amazon plans to invest 2.5 billion euros ($3.04 billion) in new data centres in the Spanish northern region of Aragon that will open in mid 2022, the company said on one of its websites on Monday.

The cloud computing service unit of Amazon, Amazon Web Services, will invest the amount over a period of ten years, the company said.

The investment includes capital expenditure, the construction of the centres, imports of equipment and operating expenses such as the salaries of the 1,300 employees the company will hire there.

Amazon Web Services has had a presence in Spain since 2012 and is building more infrastructure to be able to host data in Spain for its customers who require it.

($1 = 0.8211 euros)

(Reporting by Inti Landauro)

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication's content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

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