Post by : Badri Ariffin

Thailand is advancing its digital infrastructure goals by approving four substantial data center projects totaling $3.1 billion as of Monday. This initiative is part of a larger effort to lure both international and domestic technology investments.

Among the newly sanctioned projects, DAMAC Digital from Dubai plans to invest in an 84-megawatt (MW) data facility valued at 26.7 billion baht. Additionally, a local entrepreneur is set to construct a hyperscale data center with a remarkable 200 MW IT load, projected to cost about 54.9 billion baht. These projects are anticipated to greatly enhance the nation’s digital capacity and generate high-quality employment opportunities.

Furthermore, Thailand’s Board of Investment (BOI) has unveiled initiatives to expedite dormant projects valued at $9.2 billion. This includes providing investors with quicker access to industrial land, a consistent power supply, and streamlined processes for visas and work permits. The goal is to minimize administrative bottlenecks while instilling greater investor confidence.

Through these actions, Thailand aspires to fortify its status as a regional leader in data storage, cloud computing, and digital services. Analysts suggest that improved infrastructure and quicker project approvals might attract more global tech firms to establish their presence in the nation.

#Global News #Tech News