Bangkok, Thailand – Google, a multinational tech firm, has recently announced its plans to invest a total of US$1b to establish digital infrastructure in Thailand.
The strategic investment involves the development of a new data centre in the country, aiming to address the increasing demand for cloud computing in Southeast Asia.
Said move further follows Microsoft’s announcement in May stating its plans to create Thailand’s first data centre region to boost cloud and artificial intelligence infrastructure.
“These investments will empower Thai businesses, innovators, and communities to harness the power of cloud and AI technology,” said Ruth Porat, the president and chief investment officer of Google and its parent company Alphabet.
Furthermore, investment details were shared following a recent meeting in Bangkok between Porat and Thai Prime Minister Paetongtarn Shinawatra.
According to the firm, the data centre will be situated in Chonburi, Bangkok, while the cloud region will be placed in the capital of the country. It will also add US$4b to the kingdom’s GDP by 2029, thereby supporting 14,000 jobs between 2025 and 2029.