Finnish telecommunications giant Nokia on Monday announced plans for a new research and development center to advance cybersecurity and mobile technologies in the Canadian capital Ottawa suburb.
Along with the lab, the 26-acre facility in Kanata, west of downtown Ottawa, will include office and residential towers, as well as space for a restaurant and retail store.
“This is a project to build a world-class R&D hub that will transform the wireless technology we rely on every day,” Canadian Prime Minister Justin Trudeau said at a joint press conference with Nokia CEO Pekka Lundmark.
Lundmark said Nokia, with its R&D centers operating in more than 30 countries, “will be in the top five worldwide”.
Nokia is investing 340 million cans ($248 million) in the project, and the project is expected to create 340 new jobs, increasing the company’s total number of employees in Canada to 2,500.
The federal and Ontario governments, together with the city of Ottawa, are investing a total of 72 million cans.
The facility is expected to be completed in 2027.
Canada’s acceptance of Nokia comes after it banned China’s Huawei from 5G wireless networks in May over national security concerns.