Amazon Web Services to invest €7.8 billion for AWS European Sovereign Cloud
Amazon Web Services (AWS) has unveiled plans to invest €7.8 billion in the AWS European Sovereign Cloud in Germany by 2040.
The investment is anticipated to boost the local cloud community, enhancing productivity, facilitating business digital transformation, expanding the AWS Partner Network (APN), and upskilling the workforce in cloud and digital technologies
The total investment is projected to contribute €17.2 billion to Germany’s Gross Domestic Product (GDP) through 2040, supporting an average of 2,800 full-time jobs annually in local German businesses.
These roles encompass construction, facility maintenance, engineering, telecommunications, and other areas within the AWS data center supply chain.
Over the past 25 years, Amazon has significantly contributed to economic development in communities and countries across Europe through its investments in infrastructure, jobs, and skill
Since 2010, Amazon has invested over €150 billion in the European Union and currently employs more than 150,000 people in permanent roles within the European Single Market.