Thailand Approves New Data Center Projects Worth $3.1 Billion

Thailand approved proposals worth 96.9 billion baht ($3.1 billion) to build new data centers and data-hosting projects, underscoring the Southeast Asian nation’s emergence as a regional technology hub.

Proposals cleared by the Board of Investment on Thursday included three projects by True Internet Data Center at a cost of 45.3 billion baht, two facilities by GSA Data Center valued at 37.2 billion baht, as well as new projects from Stellar DC and Freyr Technology.