Thailand Endorses $2.7 Billion Investment to Boost Data Center and Cloud Infrastructure

The Board of Investment of Thailand (BOI) has sanctioned a strategic investment package amounting to $2.7 billion aimed at advancing data center and cloud service infrastructure.

This investment encompasses a series of projects spearheaded by three diverse operators, strategically situated across Bangkok, Chonburi, and Rayong, collectively offering an IT load capacity of roughly 350 megawatts.

A pivotal component of this initiative involves Haoyang Data from China, which will inject THB 72.7 billion to construct a data center with a 300-megawatt capacity within the WHA Eastern Seaboard Industrial Estate 4 in Rayong. Concurrently, Singapore-based Empyrion Digital is poised to allocate THB 4.72 billion towards the establishment of a 12-megawatt capacity data center in Bangkok. Moreover, the Thai entity GSA Data Center 02 plans to invest THB 13.5 billion in developing a 35-megawatt capacity facility in Chonburi.

It is pertinent to highlight that, according to a recent analytical report by Maybank Investment Bank, despite Malaysia and Singapore’s current leadership in ASEAN data center investments, Thailand is set to emerge as a significant data center investment destination. This is driven by the burgeoning demand for data center capacity and the influx of substantial investments from global enterprises and leading content providers seeking to establish cloud operations within the country.