Thailand approves 3.1 billion USD in data centre investments

In addition to the new projects, the BOI granted six new licences to revive previously stalled initiatives worth 9.2 billion USD, which had faced delays due to challenges in power access, industrial land availability, and visa and work-permit processing.

Thailand greenlights 3.1 billion USD in hyperscale data centre investments (Photo: capacityglobal.com)
Thailand greenlights 3.1 billion USD in hyperscale data centre investments (Photo: capacityglobal.com)

Bangkok (VNA) – Thailand’s Board of Investment (BOI) has approved four new data centre projects worth nearly 100 billion THB (3.1 billion USD), underscoring the country’s drive to become a regional hub for hyperscale digital infrastructure.

They include a 7.55 billion THB facility by Telehouse (Thailand) Co., Ltd., a subsidiary of Japan’s KDDI Corporation; and a 9.09 billion THB facility by Vistas Technology Co., Ltd., a subsidiary of China’s ZDATA Technologies Co., Ltd. and its Singapore-based unit ZDATA Cloud Technology Pte. Ltd.

The others are a 26.7 billion THB facility by NextGen Data Centre and Cloud Services Co., Ltd., a subsidiary of Dubai-based DAMAC Digital; and a 54.9 billion THB facility by Zenith Data Centre and Cloud Services Co., Ltd.

In addition to the new projects, the BOI granted six new licences to revive previously stalled initiatives worth 9.2 billion USD, which had faced delays due to challenges in power access, industrial land availability, and visa and work-permit processing.

BOI Secretary General Narit Therdsteerasukdi said the measures aim to strengthen investor confidence and support employment and broader economic development in Thailand./.

VNA

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