Thailand approves $2 billion worth of investments in data centres, electronics

Reuters

November 1, 2024 at 2:14 a.m.

BANGKOK (Reuters) - Thailand's Board of Investment said on Friday it had approved $2 billion worth of new investments in data centres and electronics manufacturing.

The approvals include a 32.8 billion baht ($968.12 million)investment by a subsidiary of Alphabet Inc to establish a hyperscale data centre, the BOI said in a statement.

($1 = 33.88 baht)

(Reporting by Devjyot Ghoshal; Writing by Orathai Sriring; Editing by Martin Petty)

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