Thailand's tech scene heats up with $2.7 Billion data centre investment

When we talked about tech and AI in Asia a few years back, Thailand wasn't usually a country that came to mind. However, in recent times, Thailand's tech industry has been rapidly growing, with a thriving startup ecosystem and a booming digital economy.

A significant addition to the country's tech landscape recently happened with the approval of a whopping 90.9 billion baht ($2.7 billion) investment for data centres and cloud services.

The approved projects include a 300-megawatt data center from China's Beijing Haoyang Cloud&Data Technology valued at 72.7 billion baht, and a 35-megawatt data center from Thai company GSA Data Center 02 worth 13.5 billion baht.

Singapore-based Empyrion Digital is also part of this investment wave.

This surge in investment isn't just random—it's part of a bigger trend. The fast rise of AI has companies scrambling to build the infrastructure needed to power our increasingly digital world. Data centres are the backbone of this movement, housing the servers and equipment that keep our data flowing.

Meanwhile, Thailand is becoming quite the hotspot. Just last January, TikTok announced plans for a data hosting service valued at 126.8 billion baht. Other global tech giants are paying attention too.

Google committed $1 billion to Thailand last year to develop cloud infrastructure in Thailand last year. This follows Amazon Web Services' $5 billion investment over 15 years for cloud services expansion. Microsoft is also getting in on the action with plans to open its first regional data centre in the country.

These investments demonstrate Thailand's growing importance in the regional tech ecosystem and position it as a key player in Southeast Asia's digital transformation.