Amazon Web Services (AWS) will be investing $240m into its Brazilian cloud infrastructure.
The announcement was made via the São Paulo Governor’s website. The investment was agreed at a meeting between the state's governor, João Doria, Brazil’s Secretary of Economic Development, Patricia Ellen, and Shannon Kellogg, VP of Public Policy for AWS.
The investment will take place over the next two years. It is not yet clear what the money will be spent on, but it may entail a new data center or an expansion of the company’s existing facilities.
"With this important investment by AWS, we are going to generate more jobs, technology, and opportunities for startups as well, placing the state of São Paulo in the world," said the Governor.
Ellen said: “We are very happy, not only for what this represents... but also the technological leap that we will take to work with cybersecurity and everything it has to offer.”
So far, AWS has only one South American cloud region in São Paulo, launched in 2011.
Not just here for the Samba
Elsewhere in Latin America, DCD has reported that AWS plans to spend approximately $800 million over a decade in the Blanca Coronel Rosales area southwest of the Buenos Aires province of Argentina.
In 2018, AWS also opened an office in Buenos Aires, and last June said it would invest in an Amazon CloudFront edge location there.
The Argentinian expansion came after the company was courted by both Chile and Argentina. The former lost out to the latter after the Argentine government passed legislation that offered handsome boons to tech companies setting up shop.