Thailand plans development of data centers, cloud services
Thailand’s Board of Investment (BoI) is speeding up a plan to promote investment in data centers and cloud services in the country in line with global trends and the government’s policy to support digital technology.
Secretary General of the BoI Narit Therdsteerasukdi. Photo courtesy of Bangkok Post.
Secretary General of the BoI Narit Therdsteerasukdi said the data centers and cloud services will serve as key infrastructure for digital business development.
According to BoI, tech firms, including Amazon Web Services (AWS), Google, and Microsoft, are interested in investing in Thailand thanks to the government's clear policy to support data center development and attractive investment incentive packages.
The board has approved 37 investment projects proposals worth THB98.6 billion (over $2.67 billion), including the construction of data centers and cloud service-related businesses.
The AWS has announced it will spend up to THB200 billion developing data centers here, with THB25 billion to be allocated for building three facilities.
Other companies granted investment incentives from the BoI also promised huge investments in Thailand.
NextDC from Australia announced an investment budget worth THB13.7 billion, while STT GDC in Singapore pledged THB4.5 billion, and Evolution Data Center from Singapore THB4 billion.
Supernap (Switch) from the U.S. vowed an investment of THB3 billion, Telehouse from Japan THB2.7 billion, and One Asia from Hong Kong THB2 billion.
Google and Microsoft also plan to invest in data center development and both companies are in talks with the government on investment details, said Narit.
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