By Helena Smolak plans to invest 7.8 billion euros ($8.44 billion) through 2040 to expand its cloud services in Germany, setting up independent cloud infrastructure that will allow customers in Europe to meet tough operational and data-residency requirements.

Amazon Web Services, the U.S. tech giant's cloud-computing arm, said Wednesday that the first launch of its AWS European Sovereign Cloud project would take place in the German state of Brandenburg by the end of 2025.

Amazon laid out plans for an independent sovereign cloud in Europe last year, saying the project would help public sector organizations and customers in highly regulated industries to navigate evolving requirements for data sovereignty.

Amazon's investment is expected to add some 2,800 full-time jobs in local German businesses each year as part of the AWS data center supply chain, the company said. AWS said it aims to create new jobs to build and operate the AWS European Sovereign Cloud, including software engineers, systems developers and solutions architects.

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(END) Dow Jones Newswires

05-15-24 1204ET