Equinix is to expand its data center footprint into Thailand.
The company this week announced an intention to invest approximately $500 million in Thailand in phases over the next ten years, including the recent acquisition of land in Bangkok for approximately $34m.
The newly acquired land in the Bangna area of Bangkok, covering over 18,700 sqm (201,285 sq ft), will be used to establish two Equinix International Business Exchange (IBX) data centers, providing more than 3,375 cabinets at full build-out. Timelines for development weren’t shared.
Cyrus Adaggra, VP of corporate development, Asia-Pacific, Equinix, said: "Thailand stands at the forefront of digital growth in Southeast Asia, with immense untapped potential as it becomes a key player in the region's digital economy. Equinix's entry in Bangkok is yet another milestone advancing our overarching strategy to enhance interconnection across Thailand and Southeast Asia."
The move is reportedly in response to the “increasing needs of both enterprises and major cloud service providers,” driven by Thailand’s proximity to Cambodia, Laos, Myanmar, and Vietnam and the government’s “proactive” Cloud First Policy.
Narit Therdsteerasukdi, secretary general, Thailand Board of Investment, added: “Thailand has emerged as a prime investment destination in this supply chain transformation, attracting substantial investments in prominent industrial clusters, particularly in cloud services, electronics and electric vehicle sectors.
"We are excited to work alongside Equinix to foster our digital capabilities and drive forward our vision for a technologically advanced Thailand.”
Equinix’s APAC data center footprint currently spans India, Indonesia, Japan, Singapore, Australia, South Korea, Malaysia, Hong Kong, and China.
Other operators present or developing in Thailand include Damac’s Edgnex, Etix Everywhere, NextDC, NTT, STT GDC, CtrlS, Evolution DC, Telehouse, Singtel, True IDC, Digital Edge, Bridge DC, Edge Centres, Supernap, and others.
