London, September 11 (FinanceFlashNews.com) – Amazon plans to invest £8 billion ($9.49 billion) over the next five years to build, operate, and maintain data centers across the United Kingdom, according to a statement from Amazon Web Services (AWS). The investment is expected to contribute £14 billion to the country’s gross domestic product (GDP) by the end of 2028, supporting over 14,000 jobs in UK-based businesses, the company stated in a report released through Reuters.
Major Investment in Cloud Services
Amazon’s AWS has been ramping up investments in the UK, where it has already invested £3 billion since 2022 in data centers located in London and Manchester. The company cited the rising demand for artificial intelligence (AI) as a major driver of growth in cloud services.
AWS Expands Across Europe
AWS has also been making significant investments across Europe. Earlier this year, Amazon announced a €15.7 billion investment in Spain and another €7.8 billion in Germany. This expansion aligns with the broader trend of growing demand for cloud infrastructure, a market estimated to be worth $270 billion globally.
| Country | Investment (in billion EUR) | Jobs Created | Projected GDP Contribution (in billion GBP) |
|---|---|---|---|
| United Kingdom | 9.49 | 14,000 | 14 |
| Spain | 15.7 | 20,000 | 18 |
| Germany | 7.8 | 12,000 | 10 |
Economic Impact in the UK
Amazon’s new investment in the UK will not only enhance the country’s digital infrastructure but also generate thousands of new jobs across the tech and service industries. The company’s move underscores its strategy to solidify its position as a leader in cloud computing, with a particular focus on AI and other emerging technologies.
Keywords: Amazon, AWS, data centers, cloud computing, artificial intelligence, UK investment, Spain, Germany
