Picture used for illustrative purpose. File

Gulf Today Report 

On Wednesday, Google inaugurated a new cloud data hub in Warsaw, Poland with an investment of nearly $2.7 billion (1.7 billion euros).

The hub is the first of its kind by the US tech giant in Central and Eastern Europe.

Prime Minister Mateusz Morawiecki hailed the new hub saying it would ensure "better service from private and public entities" and strengthen security because the data would be stored in Poland.

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In a statement Magdalena Dziewguc, Google Cloud’s country manager said, "we hope that the new Google Cloud region will... help in recovery from the pandemic and will contribute to a thriving digital economy in Poland and the neighbouring countries."

According to US embassy charge d’affaires Bix Aliu, US companies have invested around $6o billion in Poland excluding what Google is adding.

Poland's economy last year went into recession for the first time since the fall of communism three decades ago because of the coronavirus crisis but it is expected to bounce.