Thailand to receive 300 billion baht worth of investment from AWS, Google, Microsoft
THAILAND will receive 300 billion baht (S$11.4 billion) worth of investment from Amazon Web Services (AWS), Google and Microsoft, a government spokesperson said on Wednesday (Nov 15).
The companies will invest 100 billion baht each, Chai Wacharonke said.
AWS plans to build a data centre with a budget of US$5 billion over 15 years, the government said in a separate statement.
“The prime minister is confident that AWS’ investment will enhance the country’s competitiveness,” said Chai, adding Microsoft and Google were also studying investment plans for large data centres in Thailand.
Amazon Web Services, Google and Microsoft did not immediately respond to a Reuters request for comment on investments in Thailand. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Japan’s Asics to spin off popular Onitsuka Tiger sneaker business; shares rise
CDL, Hong Realty trump 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
The returnees: Inside China’s AI talent reversal
