Amazon to Invest €16bn in Germany in 2027
US technology giant Amazon has announced plans to invest more than €16 billion in Germany in 2027, expanding its data centres, cloud computing operations and other infrastructure supporting the growth of artificial intelligence. The announcement was made at a government-hosted business summit in Berlin, as Germany seeks to attract investment and revive its struggling economy. Amazon’s Chief Global Affairs and Legal Officer, David Zapolsky, described Germany as a major centre for innovation and an attractive investment destination, noting that the company had invested more than €100 billion in the country since 2010. Economy Minister Katherina Reiche said the investment would strengthen Germany’s position in global technology competition while creating jobs and economic value. Nearly €5 billion of the planned investment will support the expansion of Amazon Web Services operations in the Frankfurt area, while other projects include Amazon Leo’s satellite-based internet network, warehouse upgrades involving robotics and new productions for Amazon Prime Video.
The investment comes as Chancellor Friedrich Merz’s government seeks to stimulate economic growth through reforms, tax relief, reduced bureaucracy and stronger financial markets. Merz told the summit that his coalition was pursuing an ambitious programme of modernisation, despite concerns over high energy costs, administrative hurdles and shortages of skilled workers. Reiche said companies had pledged more than €220 billion in investments at the summit, which brought together over 200 business leaders from Germany and abroad. Berlin also announced a partnership with Nvidia to accelerate the adoption of artificial intelligence in industrial applications, an area in which Germany hopes to build on its manufacturing strength. The government is seeking to use such commitments to boost innovation, attract further investment and strengthen the country’s economic competitiveness.
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