# Thailand Emerges as a Favorite Pick for Data Centre Investors

- Link: https://www.thailand-business-news.com/tech/178901-thailand-emerges-as-a-favorite-pick-for-data-centre-investors
- Published: 2024-12-11T08:45:00+07:00
- Author: Boris Sullivan

### Key Points

Thailand is rapidly positioning itself as a prime destination for data center investments,
driven by its strategic location, robust digital infrastructure, and supportive 
government policies.

 * Thailand has emerged as a new strategic location for global data centre providers
   investing in infrastructure and service networks.
 * The demand for data centres in Thailand has been steadily increasing, driven 
   by intensified digital transformation, growing data volumes, and government incentives
   to promote investment.
 * Many major tech companies have announced investments and are actively undertaking
   projects to develop digital infrastructure in Thailand, aiming to enhance technological
   capabilities and support the growth of the country’s digital economy.
 * Reasons for global corporations choosing Thailand for data centre investment 
   include its strategic location, government support, rapidly growing digital market
   and economy, potential to become the digital hub for CLMVT region, and robust
   infrastructure.

As Southeast Asia experiences a surge in digital transformation, Thailand’s efforts
to enhance its connectivity and technological capabilities have attracted global
investors seeking to capitalize on the region’s growing demand for data storage 
and processing.

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The country’s central location within ASEAN makes it an ideal hub for regional data
traffic, offering low-latency connections to neighboring nations. Additionally, 
Thailand’s commitment to renewable energy aligns with the increasing demand for 
sustainable data center operations, further enhancing its appeal to environmentally
conscious investors.

In July, the Board of Investment (BOI) announced the approval of 37 data center 
and cloud service projects, totaling an investment of 98.5 billion baht. The majority
of these projects are situated in Bangkok, Samut Prakan, Chonburi, and Rayong.

The major tech companies investing in Thailand’s data centres are:

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**Quartz Computing (Google/Alphabet Inc.)**, USA
Investment: 32.76 billion bahtYear:
2024Location: ChonburiThis will be Google’s 5th data centre in Asia and is expected
to launch in 2027. **Digitalland Services (GDS)**, ChinaInvestment: 28 billion bahtYear:
2024Location: ChonburiExpected to open in 2026. **Equinix**, USAInvestment: 16.5
billion bahtYear: 2024Long-term investment (10 years) will make Thailand the digital
hub for CLMVT (Cambodia, Laos, Myanmar, Vietnam, Thailand). **Amazon Web Services(
AWS)**, USAInvestment: 200 billion baht by 2037 (25 billion baht already invested)
Plans for further investment in data centres in Thailand are ongoing. **NextDC**,
AustraliaInvestment: 13.7 billion baht **STT GDC**, SingaporeInvestment: 4.5 billion
baht **Evolution Data Centre**, SingaporeInvestment: 4 billion baht **Supernap (
Switch)**, USAInvestment: 3 billion baht **Telehouse**, JapanInvestment: 2.7 billion
baht **One Asia**, Hong KongInvestment: 2 billion baht **Microsoft**, USAInvestment:
Estimated at 100 billion baht (under BOI consideration). **Alibaba Cloud**, ChinaInvestment:
4 billion baht **Huawei Technologies**, ChinaInvestment: 3 billion baht

In recent years, these companies have announced investments and are actively undertaking
projects to develop digital infrastructure in Thailand. Their efforts aim to enhance
technological capabilities and support the growth of the country’s digital economy.

Additionally, domestic companies such as True Internet Data Centre, Internet Thailand,
and GSA (a joint venture between Gulf, Singtel, and AIS) have also made significant
investments in this sector.

Government initiatives, such as Thailand 4.0 and the Eastern Economic Corridor (
EEC), have played a pivotal role in fostering a favorable investment climate. These
programs aim to modernize the nation’s economy, emphasizing innovation and technology,
which are critical for the data center industry. Tax incentives, improved infrastructure,
and streamlined regulations have also contributed to Thailand’s rise as a competitive
player in this sector.

As the global data center market continues to grow, Thailand’s proactive approach
and strategic advantages position it as a key contender in the race to meet Southeast
Asia’s digital needs. Investors are increasingly recognizing the potential of this
emerging market, making Thailand a hotspot for future data center developments.