According to an economic forecast by the analysis institute, Copenhagen Economics, the investment will have a positive effect on the Danish economy of up to EUR 740 million during the construction period running until 2021. In full operation, the data centre is expected to support additional economic activity in Denmark with up to EUR 80 million annually during the first five years.
Minister of Foreign Affairs Anders Samuelsen says:
”I am happy that Google is investing in Denmark. The investment creates jobs and growth. And given that three of the world’s five most valuable companies now have chosen to invest in Denmark, it increases our opportunities for attracting a number of smaller and medium-sized companies and other digital investments. I am pleased that the Ministry of Foreign Affairs through Invest in Denmark has been able contribute to this development."
The total amount of global data is doubled every second year, and the demand for data processing and storage has grown exponentially. In a few years, it will be servers near Fredericia that make it possible for people or businesses to perform Google searches, write Gmail or watch YouTube.
In addition to the investment in the data centre near Fredericia, Google is also part of a consortium of companies that have invested in a new subsea fibre network between USA and the West Coast of Denmark – the so-called Havfrue subsea cable – which is set to double Denmark’s internet connectivity to North America.