Microsoft is to build a new data centre in Greece as it invests in cloud services infrastructure in the country, a boon to an economy weakened by a decade-long debt crisis and the coronavirus pandemic.
Speaking at a virtual event in Athens on Monday, Microsoft President Brad Smith said the new data center would be beneficial to business, consumers and banks.
The size of the investment was not disclosed.
“We are investing today in research and technology in Greece,” Smith said through a translator. “There will be benefits for Greece given our commitment to training for thousands of people.”
Separately, Greek Prime Minister Kyriakos Mitsotakis said the data center would bring long-term financial benefits of EUR 1 billion (roughly Rs. 8,608 crores) to Greece.
“Greece will become a world hub for cloud,” Mitsotakis said, adding that the state-of-the-art center would also upgrade the country as an investment destination.
He said the project will include a training programme in digital skills for about 100,000 people.
© Thomson Reuters 2020
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