Amazon invests $ 10.5 billion in Britain to expand its cloud services

Amazon intends to invest 8 billion pounds ($ 10.5 billion) in the UK to expand its cloud services activity, contributing to a series of expansion measures that recently took it in Europe, and it will offer an investment bar from the New Labor Party government in Britain. AWS will invest the amount over a five -year period in databases, which will produce approximately 14 thousand jobs, and contribute to the gross domestic product of the UK between 2024 and 2028, according to a statement from the British Department of Treasury sent via Email. Amazon has expanded cloud services, “Amazon” has allocated billions of dollars to expand cloud services around the world, and announced long -term projects in Germany, Mexico, the United States, Saudi Arabia and Singapore this year. The competition between “Amazon Web Service”, the largest woolly computing services provider and data storage in the world through large server farms, and their competitors such as “Microsoft” raising expansion worldwide. A new group of the British government is coming to announce the investment in the interests of the British Secretary of Treasury, Rachel Reeves, who wants to increase the growth rate of the British economy, while dealing with difficult conditions in the public finances that left the previous conservative party government. The UK is scheduled to host an international investment summit on October 14. “This 8 billion pound investment is a sign of the beginning of economic recovery, and it states that Britain is a suitable destination for business. I intend to do more to give our dedication to work, to stimulate investments and improve the terms of all parts of Britain,” Reeves said in the statement.