Greece is building new data centers to advance its ambitions as a regional powerhouse for technology and AI. Data4, a French technology company, is spearheading this project, with ambitions to build at least two cutting-edge facilities just outside Athens.
This investment is a significant step forward for Greece, which seeks to improve its digital infrastructure and gain global recognition as a hub for technology and data innovation. Greek Prime Minister Kyriakos Mitsotakis, along with government officials and Data4 executives, attended the groundbreaking event to highlight the project’s significance.
In his speech, Mitsotakis emphasized how the development would boost Greece’s economy, improve its global image, and create new chances for qualified individuals. The government has committed assistance for initiatives that promote digital transformation and technological growth.
We plan to operate the first data center in late 2026 or early 2027. The development of a second facility will be contingent on market demand and the expansion of Greece’s digital economy. Data4 CEO Olivier Micheli emphasized the country’s proactive approach to adopting digital and cloud services, which is consistent with global IT trends.
Data4 anticipates an initial investment of €300 million in Greece for the first two facilities, potentially increasing to €450-500 million if they decide to add a third data center. This construction is part of the company’s overall €7 billion expansion strategy for Europe by 2030.
The move complements other large technology initiatives in Greece, such as Microsoft’s €2 billion investment in AI data centers, demonstrating global tech companies’ rising interest in the region. These initiatives highlight Greece’s important position in the Mediterranean for connectivity and data hosting.
By investing in cutting-edge technology and infrastructure, Greece not only strengthens its digital capabilities but also positions itself as a regional technology and artificial intelligence leader. The government and foreign corporations are assisting the country, positioning it to be a significant player in the future of global technological innovation.
