Google will set up its cloud region in Greece, giving a boost to the country’s efforts to become a world cloud computing hub.
The deal is estimated to contribute some 2.2 billion euros ($2.13 billion) to Greece’s economic output and create some 20,000 jobs by 2030, Prime Minister Kyriakos Mitsotakis said.
“Our cloud region in Greece will provide storage and cloud services for Google customers,” said Adaire Fox-Martin, president of Google Cloud International, announcing the investment at an event in Athens.
The investment would enable organizations to better use their data, help improve low latency and ensure users’ security in the face of cybersecurity threats, she said.
A cloud region usually is based around a cluster of data centers.
Google’s investment comes two years after Microsoft Corp. decided to build a data centre hub in the country.
Amazon’s cloud computing division opened its first office in Greece last year to support a number of companies and public sector agencies using its cloud services.