Amazon will spend $35 billion over the next two decades to expand its data center business across Virginia, the company announced Friday, adding at least 1,000 jobs to a lucrative industry that has been rapidly growing in the state’s northern suburbs.
If approved by Virginia lawmakers, the tech giant’s cloud-computing arm, Amazon Web Services (AWS), stands to receive up to $140 million in economic incentives from the state and as many as 15 years of additional tax breaks for equipment and software. (Amazon founder Jeff Bezos owns The Washington Post.)
“AWS has a significant presence in Virginia, and we are excited that AWS has chosen to continue their growth and expand their footprint across the Commonwealth,” Gov. Glenn Youngkin (R) said in a statement. “Virginia will continue to encourage the development of this new generation of data center campuses across multiple regions of the Commonwealth.”