Amazon to Invest $4.4 Billion in New Zealand Data Centers

Amazon, the e-commerce giant, has announced its plans to invest more than NZ$7.5 billion ($4.4 billion) in establishing data centers in New Zealand. This move marks the formal launch of Amazon's cloud services in the South Pacific nation, following an initial announcement in 2021. The investment will contribute to the development of a new cloud computing infrastructure in New Zealand, providing businesses and organizations with access to Amazon's suite of cloud-based services. The data centers are expected to create employment opportunities and contribute to the country's growing digital economy. The expansion into New Zealand is part of Amazon's broader strategy to expand its global cloud computing footprint, capitalizing on the increasing demand for cloud-based solutions across various industries. The investment is seen as a significant boost to New Zealand's tech sector and its position as a hub for innovation and digital transformation.