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AMZN Amazon.com Inc

184.31
-0.41 (-0.22%)
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Last Updated: 11:28:42
Delayed by 15 minutes
Share Name Share Symbol Market Type
Amazon.com Inc NASDAQ:AMZN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.41 -0.22% 184.31 184.30 184.33 57,065 11:28:42

AWS Earmarks $17.9 Billion for Infrastructure Investments in Canada Through 2037

20/12/2023 11:59am

Dow Jones News


Amazon.com (NASDAQ:AMZN)
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By Adriano Marchese

 

Amazon Web Services said Wednesday that it will invest more than $17.9 billion in its infrastructure in Canada through 2037.

AWS, the cloud business of e-commerce major Amazon.com, said that an economic impact study estimates that the company will invest an average of nearly $1.28 billion a year to build out its infrastructure in Canada over the next 14 years.

The company said this will support more than 9,300 full-time equivalent jobs annually.

The news comes as AWS launched its second infrastructure region, the AWS Canada West (Calgary) Region, which places the company as a major cloud services provider to have an infrastructure region in the western part of the country.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

December 20, 2023 06:43 ET (11:43 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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