Thailand on Monday approved four data centre projects worth $3.1 billion, as well as new measures to kickstart previously approved projects, the Board of Investment said.
The investments include an 84-megawatt (MW) data centre valued at 26.7 billion baht from Dubai’s DAMAC Digital, and another hyperscale data centre project with an IT load of 200 MW from a local investor valued at 54.9 billion baht, the statement said.
The board also approved measures to speed up investments worth $9.2 billion that had been stalled, part of an initiative launched by the agency last month.
It granted six licenses to cut delays in areas such as power availability, industrial land access, and obtaining visas and work permits.
“This will strengthen investor confidence in Thailand’s investment framework and contribute to increased employment and broader economic development,” BOI chief Narit Therdsteerasukdi said.
