China's Galaxy Data Center (GDC) will invest $2bn in data centers in Thailand.
The announcement was made after the “Prime Minister meets investors: Confidence in Thailand’s future” investor forum held in Thailand at the Government House’s Peace and Friendship Building.
The investment will be used to establish a computing cluster in Rayong, a city situated on the Gulf of Thailand's east coast. Rayong constitutes one of three provinces that make up the country’s Eastern Economic Corridor, an area that offers various business incentives to businesses and investors.
An additional press release from Hoyinn Technologies, the Chinese parent company of GDC, shows that GDC has agreed to host its data center in Silicon Tech Park, a technology park located in Ban Chang District, west of Rayong. This agreement was signed prior to the investor forum.
A photovoltaic power plant will also be developed at the site.
Feng Hui, the founder of GDC, said: “By deploying GW-scale green AI data center (AIDC) technologies, integrating international green energy resources, and fostering partnerships, GDC will accelerate the development of a robust digital ecosystem in Rayong.
“Our initiatives include knowledge transfer, local talent development, and the establishment of Rayong as a premier green digital hub—creating transformative opportunities for the Thai people, the EEC, and the nation’s broader economic aspirations.”
Thailand’s Acting Prime Minister, Deputy Prime Minister, and Minister of Home Affairs, Phumtham Wechayachai, led the Thai delegation. Wechayachai came into power after former PM Paetongtarn Shinawatra was suspended in July following a leaked phone call between her and Cambodian President Hun Sen.
Thailand is a growing data center market with interest coming from China and abroad.
In June, China’s Haoyang Data bought land in Rayong province for a 300MW facility, and the Thai Board of Investment approved a 23.7 billion baht ($727 million) data center operated by China’s Stratus Technology in the same month.
Singapore’s Empyrion had its 4.72bn baht ($140.5m) investment in a 12MW data center approved by the BOI in March, while Alibaba Cloud launched a second data center in the country in February, and AWS launched a cloud region in January.
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