LatinNews Daily - 27 February 2024

*Amazon Web Services (AWS), a subsidiary of US company Amazon providing cloud computing services, has announced it will invest over US$5bn over 15 years in a new cluster of data centres in Mexico’s Querétaro state. Set to launch in 2025, the project “will enable customers to run workloads and securely store their content in Mexico while serving end users with even lower latency”, according to an Amazon press release, which reaffirmed AWS’ “long-term commitment” to fulfilling the “high demand” for cloud services in Latin America. “We welcome AWS’ investment and expansion in Mexico because it is a sign of trust and demonstrates conditions are right to support the nearshoring trend across many sectors of our economy,” said Mexico’s Economy Minister Raquel Buenrostro, according to the press release. “We also welcome AWS’ investment in training students, micro, small and medium-sized companies, and digital entrepreneurs in Mexico at scale”. AWS customers in Mexico include flagship airline Aeroméxico, the Mexican branch of Spanish bank Banco Santander, and cinema chain Cinépolis. AWS has also extended its services to public sector customers including local governments, as well as to start-ups and small businesses. “With AWS, we look forward to adding jobs, generating new businesses, and expanding opportunities for the people of Querétaro and across the country,” said Mauricio Kuri González, governor of Querétaro state.