Jul 05, 2024 04:26 PM

ECONOMY

Thailand Ramps Up Push to Become Hub for Data Centers

By Aporrnrath Phoonphongphiphat

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Thai Prime Minister Srettha Thavisin (right) and Microsoft CEO Satya Nadella pose for a photo at an event where the tech company announced that it would create Thailand’s first data center region in Bangkok on May 1. Photo: VCG

Thai Prime Minister Srettha Thavisin (right) and Microsoft CEO Satya Nadella pose for a photo at an event where the tech company announced that it would create Thailand’s first data center region in Bangkok on May 1. Photo: VCG

(Nikkei Asia) — Thailand is revving up its drive to become a major hub for data centers, luring both local and foreign tech companies to set up new sites in the nation amid the global boom in artificial intelligence (AI) and cloud computing.

The country’s Board of Investment in June approved two companies to develop large data centers in the kingdom worth a total of 10.4 billion baht ($280 million).

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