Thailand to receive $8.5 bln worth of investment
Thailand will receive 300 billion baht ($8.46 billion) worth of investment from Amazon Web Services (AWS), Google and Microsoft.
Thailand to receive $8.5 bln worth of investment
The Economics of Geography

Thailand to receive $8.5 bln worth of investment

Photo: AFP/Ludovic Marin
Eurasia 26/11/2023 09:50

Thailand will receive 300 billion baht ($8.46 billion) worth of investment from Amazon Web Services (AWS), Google and Microsoft.

The companies will invest 100 billion baht each, government spokesperson Chai Wacharonke said, according to Reuters.

AWS plans to build a data centre with a budget of $5 billion over 15 years, the government said in a separate statement.

"The prime minister is confident that AWS' investment will enhance the country's competitiveness," said Chai, adding Microsoft and Google were also studying investment plans for large data centres in Thailand.

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