BANGKOK (Xinhua) – Thailand is pushing ahead with its ambition to become a regional digital economy hub as global technology giants seek a strategic destination to invest in data centres and cloud-related services, the country’s Public Relations Department said on Wednesday.
According to Thailand’s Board of Investment (BOI), the Southeast Asian country has so far approved 37 projects involving data centres and cloud computing services, with a combined investment value of THB98.53 billion (USD2.69 billion).
The BOI has approved investment proposals from leading Chinese cloud service providers Alibaba and Huawei Technologies, along with those from key international players including Amazon Web Services and other promising Thai companies, the agency said in a statement.
The decision by global technology companies to invest in Thailand underscores the country’s suitability for digital businesses with an ideal environment in terms of business climate, infrastructure, talent quality, and government support, said BOI Secretary General Narit Therdsteerasukdi.
Additionally, the BOI is promoting a comprehensive digital industry ecosystem, encompassing software development, digital platforms, digital content, and digital infrastructure support services.
It includes innovation parks, maker spaces or fabrication labs, and smart city development initiatives, he added.
