data center

The first phase of the investment is billed as valued at 150 million euros, with the first phase aiming to build infrastructure for 12.5MW, with a prospect of reaching 25MW

Greece is shifting beyond tourism, aiming to become a hub for data centers, powered by renewable energy. It has tech giants like Amazon and Data4 onboard, but will it be enough to meet rising energy demands while racing toward net zero?

The most recent development involves the signing of a memorandum of cooperation between the Ministry of Digital Governance and the Ministry of Investments of the United Arab Emirates to implement investments from the UAE for the creation of data centers in Greece.

According to AlphaBeta Economics, this project is anticipated to facilitate the creation of over 19,400 new job positions by 2030, underlining its significant impact on employment.