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Bangkok Post
Bangkok Post
National

Tech giants to invest B300bn in Thailand

Prime Minister Srettha Thavisin greets top executives of Google at a meeting in San Francisco on Tuesday. (Government House photo)

The government has announced it has successfully convinced Amazon Web Services (AWS), Google and Microsoft to invest in Thailand, with a total investment worth about 300 billion baht.

Government spokesman Chai Wacharonke said Prime Minister Srettha Thavisin met executives from the three tech giants during his visit to the United States and succeeded in getting them to invest in the kingdom.

Microsoft has signed a memorandum of understanding with the government, which will enhance the country's competitiveness in digital technology and allow the government to provide e-services more efficiently.

Mr Chai said Google is touting Thailand as its fourth data centre hub in the Asia-Pacific and the world's 11th.

Quoting the prime minister, Mr Chai said Thailand's geographical location, infrastructure and public health and education systems make the country appealing to international investors.

Early this week, the Board of Investment (BoI) said Amazon's investment will focus on establishing three data centres.

According to the BoI, Mr Srettha was looking in advance to encourage Google and Microsoft to establish data centres and cloud service bases in Thailand during the meeting.

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