Amazon Announces R$ 10 Billion Investment in Data Centers in Brazil

Amazon Web Services (AWS), the cloud computing arm of Amazon, has committed to investing more than R$ 10.1 billion (US$ 1.8 billion) by 2034 to expand, build, and maintain its data center infrastructure in Brazil.

The investment, announced on Wednesday (11) at an event in the Palácio do Planalto in Brasília, amounts to just over R$ 1 billion per year. It will be primarily focused on enhancing AWS’s cloud infrastructure and connectivity in the state of São Paulo.

According to a statement from AWS, the investment “will help meet the growing demand for cloud services and generative artificial intelligence (AI) in Brazil and throughout Latin America.”

On the same day, Scala Data Centers and the government of Rio Grande do Sul signed a protocol of intent to construct a data center complex in Porto Alegre. Scala, a company owned by the U.S.-based Digital Bridge group and specializing in building and operating infrastructure for cloud service providers such as AWS, Microsoft, and Google, will initially invest R$ 3 billion over two years in the first phase of the project.

AWS’s São Paulo data center infrastructure, which was inaugurated in 2011, serves Brazil and other South American countries. It was the eighth AWS region established globally. In addition to this main location, AWS operates smaller data centers, known as points of presence, in the capitals of Fortaleza, Rio de Janeiro, and São Paulo.

This investment further underscores AWS’s commitment to expanding its footprint in Brazil and supporting the region’s increasing digital and technological demands.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Ignacio Teson
Ignacio Teson
Economist and Financial Analyst
Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments