Thailand Approves $2.7 Billion of Investments in Data Centres and Cloud Services

Thailand Approves $2.7 Billion of Investments in Data Centres and Cloud Services

  • 17.03.2025 02:44
  • usnews.com
  • Keywords: dangerous, dangerous

Thailand has approved $2.7 billion in investments for data centers and cloud services, driven by the AI boom in Southeast Asia. Projects include ventures from Chinese, Singaporean, and Thai firms, alongside expansions by major global tech companies like Google, Amazon, and Microsoft.

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Estimated market influence

Beijing Haoyang Cloud&Data Technology

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Analyst rating: N/A

Leading investment in data centers.

Empyrion Digital

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Analyst rating: N/A

Contributing to tech sector growth.

GSA Data Center 02

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Analyst rating: N/A

Local company expanding infrastructure.

Context

Thailand Approves $2.7 Billion of Investments in Data Centres and Cloud Services

  • Total Investment Approved: 90.9 billion baht ($2.7 billion)

  • Projects Include:

    • Beijing Haoyang Cloud&Data Technology (China):
      • 300 MW data centre valued at 72.7 billion baht
    • Empyrion Digital (Singapore):
      • Data centre project details not specified
    • GSA Data Center 02 (Thailand):
      • 13.5 billion baht investment for a 35 MW data centre
  • Market Trends:

    • AI boom driving demand for data infrastructure in Southeast Asia
    • Thailand's tech sector is rapidly expanding with investments from global tech giants
  • Key Investments:

    • Bytedance's TikTok:
      • Plans to set up data hosting services valued at 126.8 billion baht in Thailand
    • Alphabet Inc (Google):
      • Announced $1 billion investment in Thailand last year
    • Amazon Web Services (AWS):
      • $5 billion investment over 15 years
    • Microsoft:
      • First regional data centre in Thailand
  • Competitive Landscape:

    • Southeast Asia is becoming a key market for global tech companies to establish data centres
    • Local and international firms are competing to meet the growing demand for cloud services and data storage
  • Long-term Effects:

    • Expected to boost Thailand's digital economy and create jobs
    • Positions Thailand as a regional hub for technology and data infrastructure
  • Regulatory Impact:

    • No specific regulatory details mentioned in the text