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What will be the primary focus of Amazon's €10 billion investment in Germany?
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Logistics Network • 33%
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Amazon's official press releases or financial reports, media coverage
Story
Amazon Announces €10 Billion More Investment in German Cloud and Logistics
Jun 19, 2024, 03:03 PM
Amazon has announced a significant investment of €10 billion more to expand its cloud infrastructure and logistics network in Germany. This commitment includes €8.8 billion allocated specifically to the AWS cloud infrastructure in the Frankfurt region by 2026. The total planned investment in Germany by Amazon will reach €17.8 billion. The announcement was made following a meeting between Amazon CEO Andy Jassy and German Chancellor Olaf Scholz, where they discussed Amazon’s efforts to drive innovation and create jobs in Germany.
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