Thai companies Raimon Land, Nava Nakorn, and Ratch Group have signed a joint Memorandum of Understanding to enter the rapidly-growing market of sustainable data centres.
Raimon Land’s COO, Stephane Michel, as quoted in an article by The Nation Thailand, expressed his optimism for the joint agreement, saying that “upon signing the memorandum of understanding between the three parties, the foundations are set for smoother and more cohesive collaboration, and utilisation of each party’s key expertise.”
Furthermore, Michel also observed that the data centres, set to be completed next year, would be designed with sustainable features, and reduce energy consumption by 20%.
Increased Momentum of Sustainability Efforts in Thailand
The signing of the memorandum of understanding follows Raimon Land’s recent partnership with American-based company Nautilus Data Technologies, which specialises in green and environmentally sustainable data centre technology.
As part of the agreement, Nautilus allowed Raimon Land to utilise its water-cooled data centre architecture, to build facilities in Thailand and other markets in the Southeast Asian region. This partnership marked Raimon Land’s first venture into the data centre industry.
Even though Michel remarked that the data centre industry in Thailand was still “nascent”, the joint agreement between Raimon Land, Nava Nakorn, and Ratch Group is nonetheless a “significant first step” for the data centre market in Thailand.
Furthermore, Arizton Advisory and Intelligence’s latest research report predicted high rates of growth for the Thai data centre industry.
The report highlighted that the Thai data centre market is expected to grow at a compound annual growth rate (CAGR) of 7.7%, from 2021 to 2027. This strong growth may be attributed to uptake in digitalisation efforts during the pandemic, deployment of 5G technology, and introduction of Thailand’s Personal Data Protection Law (PDPL), which are all factors that will likely boost demand for data centre facilities.
The Eastern Economic Corridor (EEC) is expected to witness strong growth in data centre development, especially within the Bangkok Metropolitan Region.
CEO of Nava Nakorn, Suthiporn Chandawanich, observed that while people have begun to consume more data due to digital transformation efforts, businesses are also concurrently paying attention to sustainability and environmental preservation.
He noted that data centres built under the joint cooperation will focus on using renewable energy and will help businesses tackle digital transformation. “Nava Nakorn will support Raimon Land on infrastructure, utilities and telecom network.”
Ratch Group CEO, Choosri Kietkajornkul, added that data centres will be critical for businesses in the new normal.
“Sustainable Design and Build” is a sub-category under the awards category “Outstanding Data Center Projects” for this year’s W.Media Asia-Pacific Cloud & Datacenter Awards. Thinking of nominating or sponsoring? Visit our Awards Page for more information. Nominations are open until 31st July.