Amazon web services to invest $5 billion in data centre cluster in Mexico
The AWS investment aligns with the trend of ‘nearshoring’, as companies relocate their businesses closer to the United States due to supply chain disruptions caused by the COVID-19 pandemic
In response to the growing demand for cloud services, the Amazon Web Services Mexico (AWS) has announced its plan to invest over $5 billion in building a cluster of data centres in Mexico, The data centre cluster will be located in the state of Queretaro and will be developed over the next 15 years.
The move comes after more than five years of planning and preparation by Amazon Web Service. This latest investment aligns with the trend of “nearshoring,” which involves companies relocating their businesses from Asia to locations closer to the United States due to supply chain disruptions caused by the COVID-19 pandemic.
The Mexican government has been actively attracting companies with initiatives such as tax incentives, and AWS has worked closely with the government. Tesla has also announced plans to build a factory in Mexico, further adding to the country’s attractiveness for foreign investment
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