MILAN: Italy is the chosen location for a 30 billion euro (US$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 4.0 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."