Jyri Häkämies, Finland's Minister of Economic Affairs, is proposing that the Finnish government reduces the tax on electricity usage as a way of encouraging more international companies to invest in Finland. “This would especially improve our competitiveness with regard to large data centres. Major companies are constantly looking for data centre premises and the sector is growing at more than 10% annually,” he says.
Sauli Niinistö, the President of Finland, is also giving his full support to encouraging international companies to expand their operations to Finland. Niinistö and Häkämies will soon be meeting with international companies that have already invested in Finland, with the aim of developing ways to encourage more investment in the country.
Source: Invest in EU