MILAN (Reuters) – Italy is the chosen location for a 30 billion euro ($33 billion) data centre investment by a single foreign corporation, the country’s industry minister said on Monday without naming the company.
“We just mentioned the 4 billion euro data centre investment in Lombardy,” Industry Minister Adolfo Urso told a gathering of Assolombarda, the business lobby for Milan’s Lombardy region.
“The other day another data centre multinational told me it wants to invest – on its own – 30 billion euros in data centres in Italy, because Italy is the ideal place for data centres: a G7 country in the Mediterranean, a crossroad of global information routes.”
($1 = 0.9216 euros)
(Reporting by Elvira Pollina; Writing by Valentina Za, editing by Giulia Segreti)
