The Thailand Board of Investment has approved four data center projects with a combined value of approximately 3.1 billion USD. The projects include a 12-megawatt facility by Telehouse Thailand, a subsidiary of Japan’s KDDI Corporation, valued at 235 million USD; an 80-megawatt facility by Vistas Technology, part of China’s ZDATA Technologies and Singapore-based ZDATA Cloud Technology, worth 283 million USD; an 84-megawatt facility by NextGen Data Center and Cloud Services, a subsidiary of Dubai-based DAMAC Digital, valued at 830 million USD; and a 200-megawatt facility by Zenith Data Center and Cloud Services, valued at 1.7 billion USD.
The board also approved revisions to data center promotion policies to improve resource efficiency and encourage technology transfer to Thai personnel. Projects located outside the Eastern Economic Corridor are eligible for additional incentives to stimulate investment in those regions.
New requirements include standards for construction, service quality, power usage effectiveness, and water management. Projects must submit plans demonstrating tangible benefits to Thailand, such as workforce training, collaboration with educational institutions, research and development, support for Thai SMEs, and development of the local supply chain. Full implementation is required before corporate income tax exemptions can be claimed.
To address land availability, the board will expedite environmental impact assessment approvals for industrial areas, including data centers. It will also streamline the approval of six priority licenses under the government’s “Quick Big Win” plan to improve the investment climate, reduce delays, and facilitate access to power, industrial land, visas, and work permits for foreign experts.
The BOI has also approved measures to accelerate previously delayed investments totaling 9.2 billion USD. The board said these initiatives aim to strengthen investor confidence and support employment and economic development in Thailand.
(Source: w.media)
