Indorama Ventures Pcl expects to close three deals worth around $1 billion by this year end. Meanwhile, Huawei Technologies Thailand makes the first move to invest and offer public cloud services in Thailand.
Huawei Technologies Thailand is investing 700 million baht ($21.6 million) in local public cloud services in Thailand .
The service is now available for order here
The company’s cloud-based data centre is located in Amata Nakorn City in the Eastern Economic Corridor.
Among the global cloud service providers such as Alibaba, Microsoft and Google, Huawei is the first mover to set up the data centre in Thailand.
It told the local media that the public cloud services in Thailand will also serve other countries in Southeast Asia, except Singapore. The main target customers include enterprises, government’s agencies and mobile operators.
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Thailand’s H1 Investment Applications rise 158% in combined value, BOI says
Japanese firms ranked first with 87 projects worth 42.8 billion baht, followed by investments from the U.S. with 18 projects worth 24.1 billion baht, and China with 63 projects worth 18.6 billion baht.
In the first six months of 2021, Thailand’s investment applications increased 14% from the year earlier period in terms of the number of projects, and 158% in combined value, led by increasing foreign direct investment (FDI) applications, sustained growth in target industries including the electronics and medical sectors, as well as in power generation, the Thailand Board of Investment (BOI) said.(more…)
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