BANGKOK, Thailand – Thailand is cementing its place as Southeast Asia’s data hub, with the country’s Board of Investment (BOI) approving a landmark investment project by TikTok Systems (Thailand) Co., Ltd., valued at USD 26.3 billion (THB 842.35 billion). The project will expand server infrastructure across Bangkok, Samut Prakan, and Chachoengsao provinces, strengthening Thailand’s role as a strategic regional hub for data storage and processing. The investment also aims to meet growing demand from users across the region.
In addition to infrastructure development, TikTok’s investment will encompass digital literacy programs and e-commerce training, creating new business opportunities for Thai entrepreneurs and strengthening the country’s digital workforce. Beyond TikTok, the BOI also approved two additional data center projects, Skyline Data Center and Cloud Services, and Bridge Data Centres IIO (Thailand) Co., Ltd., together valued at USD 2.23 billion (THB 71.5 billion). Collectively, these investments reflect sustained investor confidence in Thailand’s digital economy ambitions, even amid ongoing global economic uncertainty. (NNT)
