GIP–BlackRock, together with local partners, plans to invest US$ 3–5 billion (about THB 105–175 billion) in digital infrastructure in Thailand, with an emphasis on Giga Data Centers. These facilities will enable Thailand to support advanced workloads such as AI, big data, and cloud services, while generating high-value employment in engineering and technology, according to local daily, Bangkok Post.
Global Infrastructure Partners (GIP) is a major infrastructure investment group under BlackRock, one of the world’s largest asset managers. A high level delegation led by Adebayo Ogunlesi, Co-founder, Chairman, and CEO of GIP and Senior Managing Director at BlackRock, met with Prime Minister Paetongtarn Shinawatra recently to discuss investment opportunities and cooperation in Thailand’s digital infrastructure sector. Also present were Suphachai Chearavanont, CEO of Charoen Pokphand (CP) Group, and senior executives from True IDC, who expressed the private sector’s readiness to put Thailand on the map as a regional hub for advanced technology and artificial intelligence.
Prime Minister Paetongtarn expressed her commitment to accelerating infrastructure investments through improved ease of doing business, transparency, and public-private collaboration. She also highlighted the government’s support for partnerships with academia to strengthen digital capabilities and human capital in Thailand.
Ogunlesi said, “GIP operates in over 100 countries and has deep expertise in developing core infrastructure—airports, ports, power systems, renewable energy, and digital networks—that support long-term economic growth. We see Thailand as a strategic location in Southeast Asia, thanks to its strong fundamentals: geographic advantage, infrastructure, energy resources, and human capital. Our vision is not just investment, but partnership—to build a secure, stable, and sustainable digital ecosystem.”
CP Group’s Suphachai commented, “Thailand holds immense potential to become ASEAN’s digital and AI hub. We are now entering the Giga Data Center era—facilities built to handle gigawatt-scale energy demands and high-intensity computing workloads. CP Group is committed to working with global partners such as GIP and the government to elevate Thailand’s digital infrastructure, foster innovation, and support future-ready human capital.”
GIP–BlackRock’s visit marks the beginning of a significant strategic alliance, uniting the government, Thai industry leaders, and international investors to drive innovation, sustainability, and competitiveness in Thailand. The Land of Smiles’ data center market is expected to grow at 7.5%–8.5% annually over the next three years.