AWS Earmarks $17.9 Billion for Infrastructure Investments in Canada Through 2037
December 20 2023 - 5:59AM
Dow Jones News
By Adriano Marchese
Amazon Web Services said Wednesday that it will invest more than
$17.9 billion in its infrastructure in Canada through 2037.
AWS, the cloud business of e-commerce major Amazon.com, said
that an economic impact study estimates that the company will
invest an average of nearly $1.28 billion a year to build out its
infrastructure in Canada over the next 14 years.
The company said this will support more than 9,300 full-time
equivalent jobs annually.
The news comes as AWS launched its second infrastructure region,
the AWS Canada West (Calgary) Region, which places the company as a
major cloud services provider to have an infrastructure region in
the western part of the country.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
December 20, 2023 06:43 ET (11:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From Apr 2024 to May 2024
Amazon.com (NASDAQ:AMZN)
Historical Stock Chart
From May 2023 to May 2024