Amazon plans to invest $7.2 billion in Israel and introduces AWS cloud region.
Amazon to Invest $7.2 Billion in Israel, Launches AWS Data Centers
Amazon.com announced on Tuesday its plans to invest approximately $7.2 billion in Israel by 2037. As part of this investment, the company has launched its Amazon Web Services (AWS) data centers in the country.
With the introduction of Amazon’s cloud services in Israel, the government will now have the capability to run applications and store data in local data centers.
“The establishment of the Region will enable us to migrate substantial governmental workloads to the cloud, and we are confident that it will help us accelerate digital transformation in the public sector,” said Yali Rothenberg, accountant general of Israel.
AWS, Amazon’s cloud computing platform, is widely used by companies like Netflix, General Electric, and Sony for storage, networking, and remote security.
With this expansion, AWS will now be available in 32 geographic regions. Amazon’s investment in Israel is expected to contribute approximately $13.9 billion to the country’s gross domestic product.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Krishna Chandra Eluri)
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