Thailand approves $2.7B data center and cloud services projects

0
7K

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.

 

#DataCenters #CloudComputing #DigitalEconomy #TechInvestment #ThailandBOI

Love
1
Sponsored
Search
Sponsored
Categories
Read More
Games
The pay behind play: Evolving content monetization
Mobile gaming is a lucrative industry, projected to reach $270 billion by 2032. Surpassing the...
By Ifvex 2025-04-14 04:19:19 0 7K
Food
No Bake Layered Cheesecake
No oven needed for this no bake layered cheesecake! Layer blueberry, plain and raspberry...
By Recipes 2025-02-10 16:23:59 0 8K
Other
Nokia Fire vs. Realme P1 5G: 200MP Cameras, 16500mAh Battery!
Prepare yourself for a battle of giants: the Nokia Fire vs. Realme P1 5G, both boasting 200MP...
By Ifvex 2025-01-22 16:32:19 0 11K
Causes
Malaysia’s Khazanah posts $1.15 billion profit from operations in 2024
Malaysia’s sovereign wealth fund Khazanah Nasional said Wednesday that it achieved a profit...
By Ifvex 2025-02-06 06:03:07 0 8K
Causes
IFC partners Cagamas to drive green building finance and sustainability in Malaysia
The International Finance Corporation (IFC), the global development institution of the World Bank...
By Ifvex 2025-03-19 06:35:59 0 8K
Ifvex https://ifvex.com