The Thai government has sanctioned several new data center projects.
The Thailand Board of Investment (BOI) has endorsed substantial investments from both local and international companies into data centers, power plants, biochemicals, and hospital industries. The total investment amounts to THB 56.95 billion (USD 1.55 billion), with USD 291 million allocated to the data center sector.
New promotional measures for recycling used EV batteries and data hosting have also been approved. According to the BOI, these measures align with the rising demand for data hosting in Thailand and complement existing incentives supporting the digital industry’s development.
Biospectrum Asia reports that the BOI has approved two significant data center projects. An unnamed multinational company received approval for a THB 7.19 billion (USD 196 million) investment in a data center in Samut Prakan province, near Bangkok. Additionally, local telecom company True Internet Data Center Co. had a THB 3.35 billion (USD 91 million) investment approved for expanding its East Bangna campus in Samut Prakan.
True IDC, launched in 2003 as part of Ascend Group, operates facilities in Bangna, Muangthong, Ratchada, and Pattanakarn. It opened a data center in Yangon, Myanmar, in 2015 and began construction on the second of four planned buildings at its Bangkok campus in 2021.
DCD reported that AWS, Microsoft, and Google plan to invest a combined USD 8.5 billion in Thai data centers. Microsoft announced new investments last month to build another Azure cloud region, while Google and Amazon announced plans for Thai cloud regions in August and October 2022, respectively, with Amazon launching a Local Zone Edge location in Bangkok in December 2022.
Tencent operates two availability zones within Bangkok, and Alibaba opened a data center there in May 2022. Earlier in 2024, NTT began constructing a 12MW data center in Bangkok, expected to become operational in 2025.
(Source: Data Center Dynamics)
