GDS International has announced a $1 billion investment in Thailand, developing a hyperscale data center park in Chonburi. This project aims to bolster Thailand’s digital economy and infrastructure.
BANGKOK, Nov. 5, 2024 /PRNewswire/ — GDS International, a pioneering high-performance data center developer and operator in Asia, has officially announced its entry into Thailand with a committed investment of up to USD 1 billion over the next five years to develop a hyperscale data center park in Chonburi province, southeast of Bangkok. This development represents a strategic expansion of GDS International’s portfolio of data centers, which provide essential infrastructure driving Asia’s digital economy.
From left to right: Jimmy Yu, SVP of GDS International; Jamie Khoo, CEO of GDS International; William Huang, Chairman of GDS International; Paetongtarn Shinawatra, Prime Minister of Thailand; Narit Therdsteerasukdi, Secretary General of BOI; and Jirayu Houngsub, Government Spokesperson
The announcement was made during a meeting with Thai Prime Minister Paetongtarn Shinawatra at Government House in Bangkok, where GDS International underscored its commitment to playing a key role in Thailand’s digital transformation. Prime Minister Paetongtarn Shinawatra stated that the investment demonstrates investors’ confidence in Thailand’s thriving digital ecosystem and reinforces the country’s emerging position as a regional hub for cloud infrastructure and AI technology. She remarked that GDS International’s entry into Thailand exemplifies the nation’s strong potential to attract high-value investments in the digital sector, paving the way for further growth and innovation in ASEAN’s digital landscape. She affirmed that the government will provide full support and expressed her anticipation for GDS International’s contributions to Thailand’s digital growth.
The Thailand Board of Investment (BOI), which promotes high-impact investments, recently approved GDS International’s project as…
