GDS International has announced a significant commitment to Thailand’s digital landscape, pledging up to US$1 billion over the next five years to develop a hyperscale data center park in Chonburi province.
The announcement, made during a meeting with Thai Prime Minister Paetongtarn Shinawatra, underscores the government’s proactive approach to fostering digital innovation. Prime Minister Shinawatra emphasized that the investment reflects growing investor confidence in Thailand’s robust digital ecosystem.
The Thailand Board of Investment (BOI) has approved GDS International’s project, recognizing the potential to transform Thailand into a regional tech hub. The BOI highlighted the country’s attractive investment climate, citing its resilient digital infrastructure, stable energy supply, digitally savvy population, and supportive government policies.
To further solidify its presence, GDS International has partnered with AMATA Corporation Public Company Limited, a leading industrial real estate developer. This collaboration will facilitate land acquisition at the AMATA City Chonburi Industrial Estate and provide access to renewable energy sources, such as floating solar power.
GDS International CEO Jamie Khoo highlighted the strategic advantages of Chonburi’s prime location, proximity to subsea cable landing stations, and secure infrastructure. The company plans to incorporate advanced technologies, including liquid-cooling systems, to optimize energy efficiency and reduce its carbon footprint, aligning with Thailand’s sustainability goals.
Thailand’s rapid digital transformation, coupled with its growing population and strategic geographic location, has attracted significant interest from global tech giants. Technology giant like Google have announced plans to establish their presence in Thailand, contributing to the overall investment boom.
Recently, DAMAC Group has also announced plans to invest over 1.257 billion SGD in a series of data center projects to meet the rising demand for advanced AI technology and data processing capabilities. Equinix also announced a significant investment of approximately $500 million in the country over the next decade.
