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May 11, 2023 17:39 EEST
May 11 (SeeNews) - US-based multinational computer technology company Oracle opened a regional centre in a data centre in Serbia’s central city of Kragujevac from which it will provide IT cloud services to global users, the Serbian government said on Thursday.
During the opening ceremony, Oracle and state-owned Telekom Srbija signed a contract under which the telco will use Oracle's cloud infrastructure, the government said in a statement.
The data centre in Kragujevac, spreading on an area of 14,000 square metres, was launched in 2020. Its facilities are used by the government, universities, technology parks and startups.
Serbia will also invest in the development of an innovation district in Kragujevac, which will span 56,000 square meters, prime minister Ana Brnabic was quoted as saying.
The innovation district will house a tech park, a national centre for information security and facilities for startups. The entire investment is estimated at 120 million euro ($131 million).
($ = 0.9165 euro)
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