Google is investing 36 billion Thai baht to establish a Data Center and Cloud Region in Thailand, aiming to boost the economy by 140 billion baht and create 14,000 annual jobs.
Google has made a landmark announcement regarding a substantial investment of 36 billion Thai baht, approximately $1 billion, aimed at bolstering Thailand’s digital infrastructure through the establishment of a Data Center and Cloud Region. This ambitious initiative is projected to significantly contribute to the Thai economy, with an estimated boost of 140 billion Thai baht by 2029. In addition to economic growth, the project is expected to generate approximately 14,000 jobs annually, providing a much-needed impetus for local employment.
The primary focus of this investment centers on the expansion of data centers and enhancement of cloud services, both of which are vital for businesses and consumers in today’s digital landscape. By fortifying these essential components of digital infrastructure, Google aims to foster innovation and improve digital connectivity throughout Thailand. This move reflects the company’s proactive role in developing a robust digital ecosystem that can support technological advancements and create new economic opportunities.
Google’s move is more than just a financial investment; it’s a commitment to the digital transformation of Thailand. Google’s initiative is expected to unlock new opportunities for businesses, educators, and citizens alike, fostering an environment where digital skills and AI can flourish. The investment aligns with Google’s vision to educate and upskill the Thai population, preparing them for the AI-driven industries of tomorrow.
As Thailand’s digital economy is projected to reach $50 billion by 2025, Google’s investment could not be more timely. The tech giant’s presence will likely accelerate the country’s trajectory towards becoming a leading digital hub in Southeast Asia.
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