BRUSSELS (Reuters) -U.S. tech giant Amazon plans to invest 1 billion euros ($1.16 billion) in Belgium from 2025 to 2027, newspaper L'Echo reported on Wednesday. The company said it will develop
Amazon to invest $1.16 billion in Belgium by 2027, L'Echo reports
Amazon's Strategic Investment in Belgium
BRUSSELS (Reuters) -U.S. tech giant Amazon plans to invest 1 billion euros ($1.16 billion) in Belgium from 2025 to 2027, newspaper L'Echo reported on Wednesday.
Partnership with Bpost
The company said it will develop infrastructure and strengthen its partnership with Belgian mail operator Bpost and local small and medium companies, the newspaper reported.
Enhancing Supply Chains
The company aims to enhance its supply chains in Belgium to be able to offer same-day delivery, the newspaper said, quoting Amazon's head for Belgium and the Netherlands, Eva Faict.
Impact on Local Economy
Amazon employs 400 people in Belgium and has invested about 800 million euros over the past ten years, L'Echo said.
Spokespeople for Amazon did not immediately respond to a request for comment.
($1 = 0.8607 euros)
(Reporting by Inti Landauro, Editing by Louise Heavens)
