Amazon cloud computing plans an investment of €2.5 billion in Spain over the next ten years. The project will create 1,300 jobs, adding €1.8 billion to Spain’s GDP.
The giant US company is known for diverse investments to improve connectivity. This time, the aim is to establish and operate a cloud computing hub in Spain. The infrastructure will be the eighth in Europe.
As AWS vice president of infrastructure services, Prasad Kalyanaraman, said: “We are delivering on our promise to build new world-class infrastructure locally to help customers in Spain achieve the highest levels of security, availability, and resilience.”
Cloud computing means storing data and software and operating business functions. After the pandemic, digital infrastructure is necessary to implement businesses and administrative operations. This investment will add €1.8 billion ($1.8 billion) to Spain’s gross domestic product. And it will create over 1,300 jobs in 10 years.
However, the company is also ready to lay off as many as 10,000 employees worldwide – a total of 1.54 million employees at the end of September (New York Times report).
So, the Amazon computing cloud will create new jobs in Spain and implement their digital infrastructures.