Amazon Web Services Launches $5 Billion Cloud Data Center Expansion in the Philippines Over 15 Years

techbusiness 4 posts · 4 accounts

Amazon Web Services announced a $5 billion investment to establish a new cloud region featuring multiple data centers in the Philippines.

The 15-year expansion will increase cloud processing capacity across Southeast Asia and create local jobs. President Ferdinand Marcos Jr. met with AWS executives to discuss the infrastructure development earlier this week.

From the sources (4 posts)

@stocksavvyshay

$AMZN plans to invest $5B in the Philippines over the next 15 years to expand AWS cloud infrastructure in Southeast Asia. The investment is expected to support a new AWS region with multiple data centers, improving cloud capacity and creat

@stockmktnewz

Amazon Web Services $AMZN just announced plans to invest $5 Billion in the Philippines 🇵🇭 over the next 15 years

@contextdotph

Amazon Web Services (AWS) is exploring the establishment of an AWS Region in the Philippines, a project that could bring up to USD5 billion in investments over the next 15 years

@newsbytesph

Marcos Jr. meets AWS execs over proposed $5-B cloud investment in PH

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