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Thailand Approves $3.1 Billion in Data Centre Projects, Fast-Tracks Stalled Investments

Officials say new licences aim to cut approval delays to bolster investor confidence.

Overview

  • The Board of Investment cleared four data centre developments worth $3.1 billion.
  • The package includes an 84 MW facility from Dubai-based DAMAC Digital valued at 26.7 billion baht.
  • A separate locally led hyperscale project carries a 200 MW IT load with a value of 54.9 billion baht.
  • The board moved to restart $9.2 billion in previously stalled investments by issuing six licences targeting power availability, industrial land access, visas and work permits.
  • BOI chief Narit Therdsteerasukdi said the steps will support employment and broader economic development.