Latin America’s Data Center Gold Rush: Myth and Reality
Governments need to define rules of engagement to secure the best terms from the current investment boom.
BUENOS AIRES—The numbers speak for themselves: Google is building an $850 million data center in Uruguay; Amazon committed $5 billion to a new cloud region in Mexico; and Microsoft is investing $2.7 billion in cloud and AI infrastructure in Brazil. From Montevideo to Querétaro, data center providers are expanding capacity, governments are rolling out tax incentives, and multilateral banks are publishing frameworks to help countries “capture the data center opportunity.” The opportunity is real. So is the risk of misreading it. Latin America and the Caribbean are emerging as...
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