Bangkok (VNA) - The Thailand Board of Investment (BOI) has approved investment applications worth a total of 28.6 billion THB (about 870 million USD) in digital infrastructure and travel sector projects, as well as incentives for the use of local content in the manufacturing of electric vehicles (EV) and hybrids, as well as electrical appliances (E&E).
The largest project approved is Stratus Technology Co. Ltd.’s plan to invest 23.7 billion THB to build a Tier 3 data centre with an IT Load of approximately 203 megawatts (MW). The project will be located at the CPGC Industrial Estate, in Rayong province. Stratus Technology is an affiliate of China’s ZDATA Technologies Co. Ltd.
In recent years, Thailand has attracted large amounts of investments in data centres and digital services, from companies as diverse as Amazon Web Services, Tik Tok, and NTT Data. The trend was confirmed in the first quarter of 2025, which saw a fivefold jump in digital sector applications from the year earlier period.
Speaking after a meeting of the BOI Board of Directors on June 27, chaired by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, BOI Secretary-General Therdsteerasukdi said that the growing demand for digital services reflects that investment in data centres remains a highlight this year.
The BOI also approved a 4.96 billion THB investment plan by Thai Vietjet Air JSC to purchase six new passenger aircraft with a total capacity of 1,134 seats. The new aircraft will serve domestic and international routes, strengthening Thailand’s role as a regional aviation hub and boosting tourism./.
