Friday, October 11, 2024

After billions for Singapore and Malaysia, Google spends big in Thailand too

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Alphabet Inc.’s Google plans to invest US$1 billion to build data centres in Thailand, joining global tech companies in adding cloud and AI infrastructure in Southeast Asia.

The company will add facilities in Bangkok and Chonburi, a province southeast of the capital.

The outlay could help add US$4 billion to Thailand’s economy by 2029 and support 14,000 jobs annually over the next five years, Google said on Monday, citing a Deloitte study.

The investment was unveiled by Google and Paetongtarn Shinawatra, Thailand’s recently appointed prime minister, underscoring the push by Southeast Asia’s governments to attract foreign tech firms.
Thai Prime Minister Paetongtarn Shinawatra speaks to the media after the first official weekly cabinet meeting at Government House in Bangkok last month. Photo: EPA-EFE

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