The Thailand Board of Investment (BOI) has on Monday approved $2.7 billion data center and cloud services projects.

BOI said in a statement that the board has approved three data center and cloud services projects, by three different operators, which will be respectively located in Bangkok, Chonburi, and Rayong.

The projects, which include one hyperscale data center, represent a combined information technology (IT) load of almost 350 MW.

According to the statement, China’s Beijing Haoyang Cloud Data Technology Co., Ltd. will invest 72.7 billion baht to setup a data center with an IT load of 300 MW in WHA Eastern Seaboard Industrial Estate 4, in Rayong Province.

Meanwhile, Singapore-based Empyrion Digital will invest 4.72 billion baht to setup in Bangkok a data center with an IT load of 12 MW.

GSA Data Center 02 Co., Ltd., a Thai company, will also invest 13.5 billion baht to setup in Chonburi Province a data center with an IT load of 35 MW.

“Ensuring that the digital infrastructure, including data centers, keeps in line with the demand of foreign investors and local entrepreneurs is essential to Thailand’s competitiveness in the age of the digital economy,” said Narit Therdsteerasukdi, Secretary General of the BOI.

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