Thailand approves $2 billion in data center and electronics manufacturing investment projects

2024-11-01 09:13:42

Asia Tech Wire (Nov 1) -- The Thailand Board of Investment (BOI) announced on Friday the approval of new investment projects in electronics manufacturing and data centers worth a total of 66.9 billion baht ($2 billion).

Quartz Computing Co. Ltd, a subsidiary of Alphabet Inc., the parent company of Google, received approval for a 32.8 billion baht investment to establish a hyperscale data center to be located in Chonburi province, according to a statement.

The project was first announced on Sept. 30 during a visit to Thailand by a senior Google executive, said the BOI.

In addition, Digitalland Services (Thailand) Co., Ltd., a subsidiary of GDS IDC Services PTE Ltd., received approval for a 28 billion baht investment to establish a hyperscale data center in Chonburi.

Cheng Yi Technology (Thailand) Co., Ltd. received approval for a 6.15 billion baht project to produce prepreg and copper clad laminate (CCL), important components used in the production of printed circuit boards (PCB).

The BOI revealed that the factory will be located in TFD Industrial Estate 2, Chachoengsao province.

Thailand Data Center

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