Amazon has announced a significant investment of $15.7 billion in Spain as part of its global expansion of Amazon Web Services (AWS). This move is expected to bolster the company’s cloud infrastructure and services in the region.
The investment will be directed towards building new data centers, expanding existing facilities, and enhancing network infrastructure. It will also support the creation of new jobs and contribute to the local economy.
This expansion is part of Amazon’s broader strategy to strengthen its global footprint and meet the growing demand for cloud services. The investment in Spain underscores the strategic importance of the European market for Amazon’s growth plans.
Cloud services are witnessing rapid growth, driven by the digital transformation of businesses and the increasing adoption of remote work and online services. With this investment, Amazon aims to provide more robust and reliable cloud services to its customers in Spain and across Europe.
Read more: Bloomberg