Microsoft plans $ 1 billion USD investment in Poland Business



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The US tech giant said it had signed an agreement with the Polish state-sponsored national cloud computing operator to “provide cloud computing solutions to all industries and companies in Poland,” the report said on the website. .

“Another great world-class player has chosen Poland by the billionth.” The largest investment in the US dollar in our region in Europe, “Polish Prime Minister Mateusz Morawiecki wrote on his official Facebook page on Tuesday.

“This is another important step towards the digitization of the entire Polish economy and the acceleration of development,” wrote Morawieckis.

The investment project is expected to last seven years, Microsoft said.

Microsoft is one of the world leaders in cloud computing, with an industry worth hundreds of billions of dollars.

The national cloud computing operator was established two years ago by the state-controlled PKO Bank and the Polish National Development Fund to accelerate the development of the digital economy.

Once the fastest growing economy in the EU, Poland is forecast to contract 3.4 percent this year, according to a revised government forecast of 3.7 percent before the coronavir pandemic. . GDP growth.



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