Thailand has approved investments totaling THB 90.9 billion (USD 2.7 billion) in data centers and cloud services, according to the country's investment board, to support the growing technology sector in Thailand.
The approved projects include data centers from companies such as Beijing Haoyang Cloud & Data Technology from China, Empyrion Digital from Singapore, and GSA Data Center 02 from Thailand.
Latest: Maxis Unveils AI-Powered Concierge Service
Beijing Haoyang plans to build a 300-megawatt data center valued at THB 72.7 billion, while GSA Data Center 02 plans to invest THB 13.5 billion in a 35 MW data center.
The rise of artificial intelligence (AI) has led to an increase in infrastructure development in Southeast Asia, including data centers that store and process data for companies.
Bytedance's TikTok announced plans to establish data hosting services in Thailand, valued at THB 126.8 billion. Additionally, Google, Amazon Web Services, and Microsoft have all made significant investments in Thailand's tech sector.
According to Narit Therdsteerasukdi, Secretary General of the Board of Investments, “Ensuring that the digital infrastructure, including data centers, keeps in line with the demand of foreign investors and local entrepreneurs is essential to Thailand’s competitiveness in the age of the digital economy.”
Notably, back in November 2024, the Board of Investment approved close to USD 1.8 billion in data center projects in Thailand.
Data Centers in Asia:
PLDT Entertains New Data Center Sale Options After NTT Deal Falls Through
