Thailand today welcomed a major investment from the giant tech company Google, which announced plans to invest US$1 billion to build its data center and cloud region in the country.
The firm stated that the investment will meet growing cloud demand and support artificial intelligence adoption in Southeast Asia.
According to a study of the project by Deloitte, the investment is expected to create an average of 14,000 jobs annually until 2029.
In May, Microsoft announced that it would launch its first regional data center in Thailand as part of its efforts to enhance cloud services.
"Google’s cloud and data center infrastructure in Bangkok and Chonburi will help meet the increasing demand for Google Cloud capabilities and AI innovations, as well as the company’s popular digital services—such as Search, Maps, and Google Workspace," the company said.
The data center will be located in an industrial estate in Chonburi, while the Google Cloud region, which includes hardware and software dedicated to providing services to both private and public sector entities, will be situated in the capital, Bangkok.
Prime Minister Paetongtarn Shinawatra noted that Google's investment was "perfectly aligned" with the country's Cloud First Policy. Today, she met with Ruth Porat, president and chief investment officer of Alphabet and Google, at the Government House.
Paetongtarn thanked Google for its trust in Thailand’s potential to support its business, stating that her government would do its utmost to create a favorable and conducive environment for Google's operations.
Porat added that Google's investment is expected to contribute approximately US$4 billion to Thailand's GDP by 2029.
