Mexico hails $5 bn Amazon investment in face of Trump threats

Amazon to invest US $5B in Querétaro data 'region'

President Claudia Sheinbaum announced a US $5 billion investment in Mexico from Amazon Web Services during her daily press conference on Tuesday. The investment, which will be distributed over the next 15 years, is aimed at developing a new digital “region” in Mexico’s Querétaro state. With it, Amazon expects to establish Mexico as a hub for digital innovation in Latin America.  Sheinbaum announced the investment alongside Amazon representatives…

Mexico The US e-commerce giant Amazon will invest more than $5 billion in a data center in Mexico, the government and the company reported this Tuesday, at a time when Donald Trump’s arrival at the White House anticipates protectionist winds in North America. “The investment of Amazon Web Services for more than $5 billion (...) is a sum of effort that demonstrates our holistic commitment to Mexico,” said Paula Bellizia, director for Latin Americ…

Mexico City, 14 Jan (EFE).- Amazon Web Services (AWS), Amazon's cloud service arm, began this Tuesday the operation of a data region in Mexico that will serve for the whole of America with an investment of $5 billion that will add $10 billion to the Mexican gross domestic product (GDP). “Today we are here together with you by hand, Madam President (Claudia Sheinbaum), to launch the operations of our data centers in Mexico, that is, to inaugurate…

The Mexican president explained that Amazon’s investment is part of the “Plan Mexico” where it is sought to place Mexico within the top 10 economies of the world

Mexico is in the spotlight of the e-commerce giant Amazon. Its subsidiary Amazon Web Services will launch an ambitious $5 billion investment project in the State of Querétaro to build a digital city from which it will offer a range of cloud computing services, data storage and artificial intelligence projects. Paula Bellizia, executive director for Latin America at Amazon Web Services, explained that from this center they will offer more than 44…

Amazon To Invest Over $5 Bn In Mexico Data Center

Amazon will invest more than $5 billion in a data center in central Mexico, the country's government and the e-commerce giant said on Tuesday.