Thailand to receive $8.5 billion worth of investment from AWS, Google, Microsoft

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Thailand will receive 300 billion baht ($8.46 billion) worth of investment from Amazon Web Services (AWS), Google and Microsoft, a government spokesperson said on Wednesday.

Article originally published by Reuters. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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15 Nov 2023

The companies will invest 100 billion baht each, Chai Wacharonke said.

AWS plans to build a data centre with a budget of $5 billion over 15 years, the government said in a separate statement.

«The prime minister is confident that AWS' investment will enhance the country's competitiveness,» said Chai, adding Microsoft and Google were also studying investment plans for large data centres in Thailand.

Amazon Web Services, Google and Microsoft did not immediately respond to a Reuters request for comment on investments in Thailand.

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