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Amazon’s cloud unit to create data centres, 1,000 jobs in New Zealand By Reuters


© Reuters. FILEPHOTO: The Amazon Web Services logo is seen by attendees at the annual Amazon.com Inc cloud computing conference in Las Vegas Nevada on November 30, 2017. REUTERS/Salvador Rodriguez/File Photo

(Reuters) – Amazon.com Inc (NASDAQ:)’s cloud computing unit said on Wednesday it will launch data centres in New Zealand in 2024 and create about 1,000 jobs in the country over 15 years.

Amazon Web Services released an economic study and announced that they plan to invest NZ$7.5 Billion ($5.25 Billion) in their new infrastructure hub, AWS Asia-Pacific (Auckland).

According to the company, this infrastructure hub will be managed by an AWS local entity in New Zealand. It will allow developers, startups and government access to data centers located throughout the country.

Prasad Kalyanaraman (vice-president, Infrastructure Services at AWS) stated in a statement that “We are thrilled to build new, world-class infrastructure locally and train New Zealanders in in-demand digital skills. We also continue to support local organizations in delivering applications that accelerate economic transformation and foster economic growth.”

This new hub is an expansion of the company’s New Zealand investment plans since it established the first AWS local entity in Auckland back in 2014.

($1 = 1.4294 New Zealand dollars)

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.