The Kingdom of Thailand has approved investment applications totaling 200 billion baht (approximately $5.9 billion) to bolster its economic growth and advance its technology infrastructure, the Board of Investment announced today. The approvals, granted during a recent meeting, highlight the nation’s commitment to modernizing its public transport system and expanding its digital capabilities.
A significant portion of the investment, 109 billion baht, will be allocated to Bangkok Expressway and Metro Pcl’s Orange Line expansion, aimed at improving connectivity between Bangkok’s western and eastern suburbs and alleviating traffic congestion. This infrastructure project is expected to significantly enhance commuter efficiency and support the city’s ongoing development.
In a parallel move to strengthen its technology sector, Thailand has approved 90.9 billion baht for data center and cloud service projects. This investment will involve both domestic and international companies, including China’s Beijing Haoyang Cloud&Data Technology, Singapore-based Empyrion Digital, and Thai firm GSA Data Center 02. Beijing Haoyang plans to construct a 300-megawatt data center, while GSA Data Center 02 will establish a 35-megawatt facility, reflecting the growing demand for data solutions in the region.
The Board of Investment emphasized that these projects are integral to Thailand’s long-term growth strategy, focusing on sustainable and innovative development. This initiative aligns with the country’s efforts to diversify its economy beyond traditional sectors like tourism and agriculture, positioning Thailand as a competitive player in the regional tech ecosystem.
Further demonstrating international confidence in Thailand’s market, the BMW Group announced plans to integrate Huawei’s HiCar technology into its locally produced models by 2026, showcasing the nation’s attractiveness as a hub for technological innovation.
These strategic investments in metro expansion and data infrastructure are expected to drive economic growth, create jobs, and improve connectivity. The successful execution of these projects will be crucial in realizing Thailand’s vision of becoming a leading technology and infrastructure hub in Southeast Asia.
