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NEWS : Microsoft’s $100 Million+ Data Centre Approved For Auckland
13 January 2021
Microsoft has been granted consent from the New Zealand Overseas Investment Office (“OIO”) to advance its plans to open a datacenter region in Aotearoa New Zealand.
The OIO determined that Microsoft and the individuals who will govern the investment on the company’s behalf satisfy OIO’s requirements under the Overseas Investment Act.
The OIO’s consent is subject to standard statutory conditions and Microsoft is fully committed to fulfilling them, the company says.
“OIO’s decision is an important step forward,” says Maciej Surowiec, Microsoft New Zealand’s government affairs lead.
“One that will help Microsoft continue our mission to fuel new growth for our New Zealand customers as they accelerate their digital transformation opportunities.”
Microsoft announced plans back in May to establish its first datacenter region in New Zealand.
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