Microsoft, an American multinational corporation and technology company, has revealed plans to build new data centers in the Aragon area of Spain, which would come with a price tag of more than $7 billion (€6.6 billion).
In keeping with Microsoft’s intentions to invest in constructing a new AI center outside of Madrid, the data centers will be constructed outside the city of Zaragoza.
In a statement released on Monday, José Luis Escrivá, Spain’s Minister for Digital Transformation, affirmed the investment ambitions.
The aforementioned investments follow a similar move by AWS and other recent worldwide data center projects disclosed by Microsoft.
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According to Microsoft, Spain’s cloud and AI industries will profit from its new digital infrastructure in Madrid, possibly creating over 70,000 new jobs and €10 billion in GDP by 2030.
“Microsoft’s new data centre region will provide cutting-edge, sustainable and secure AI solutions for Spain and the rest of Europe,” stated the Minister.
“It is a great satisfaction that Microsoft is once again betting on Spain for the deployment of state-of-the-art infrastructure and services, thus contributing to the positioning of our country at the forefront of digital transformation,” he added.
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