AWS, Google and Microsoft Will Invest $8.5 Billion in Thailand to Establish Data Centers
In Brief
Amazon Web Services (AWS), Google and Microsoft will invest a total of $8.46 billion in Thailand to build data centers in the country.
Amazon Web Services (AWS), Google and Microsoft are set to invest a total of $8.46 billion in Thailand, with each company contributing $2.8 billion. As per government spokesperson Chai Wacharonke, these funds will be utilized for the establishment of data centers within the country.
In the coming 15 years, AWS intends to construct a data center, allocating a budget of $5 billion for the project. The Thailand prime minister emphasized that this investment will boost the country’s tech prowess.
Moreover, Microsoft and Google are currently structuring the investment plans for large data centers within the country.
Big Tech’s Data Centers Plans for Asia Pacific
Earlier this year, Amazon Web Services (AWS), the cloud computing division of Amazon.com, revealed its intention to invest $6 billion in Malaysia to establish an infrastructure hub over the next 14 years. This move signifies the company’s broader plan to create AWS Infrastructure Regions throughout Southeast Asia.
Last year, Google opened its third data center in Singapore, bringing the company’s long-term investments in local data centers to $850 million. This expansion strengthens the tech ecosystem of the country in the areas of skills, innovation and sustainability. The company also announced plans to open data centers in Japan.
AWS, Google and Microsoft’s collaboration for Thailand is indicative of the growing significance of Southeast Asia’s tech industry. It showcases the region’s attractiveness as a key hub for cloud computing and data storage.
The investment is anticipated to fortify Thailand’s position in the digital economy, fostering technological advancements and economic growth.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
