Business

Amazon Web Services Commits $5 Billion to Fuel Mexico's Tech Revolution

Amazon Web Services Invests Heavily in Mexico

In a groundbreaking move, Amazon.com Inc.'s Amazon Web Services (AWS) has unveiled plans to establish a regional hub in Mexico, backed by a staggering $5 billion investment over the next 15 years. This ambitious project is expected to significantly bolster Mexico's economy by adding an estimated $10 billion to its gross domestic product (GDP) and generating over 7,000 jobs annually in external businesses.

Driving Innovation and Growth

"This initiative represents a pivotal moment in our expansion strategy, enabling us to bring cutting-edge machine learning (ML), artificial intelligence (AI), and other advanced technologies to our customers in Mexico," stated Prasad Kalyanaraman, Vice President of AWS Infrastructure Services. This investment underscores AWS's commitment to fostering technological advancements and economic growth in the region.