Google has unveiled plans to set up its first cloud region in Greece, boosting the country’s reputation as a developing technology hub.
Greek Prime Minister Kyriakos Mitsotakis said during a press event in Athens on Thursday that the deal is estimated to contribute some 2.2 billion euros ($2.13 billion) to Greece’s economic output and create nearly 20,000 jobs by 2030.
“Digital evolution can become a springboard for progress for our country,” Mitsotakis tweeted. “Google’s investment turns Greece into a regional hub for Cloud services, creates national wealth, and more than 19,400 new, well-paid jobs.”
Following similar investments from Microsoft and Amazon, once the Google project is completed, Greece will become one of the few countries in the world outside of North America where the three largest cloud service multinationals will have a local presence with infrastructure.
“Today, we are very pleased to be announcing our first cloud region in Greece which will provide storage and cloud services for Google customers,” said Adaire Fox-Martin, president of Google Cloud International, announcing the investment in the Greek capital.
The investment would enable organizations to better use their data, help improve low latency and ensure users’ security in the face of cybersecurity threats, Fox-Martin said.
Click here to watch the full recap video of the event.
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