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The approved data center projects include three data centers from True Internet Data Center (True IDC), two facilities from GSA Data Center, as well as additional developments proposed by Stellar DC and Freyr Technology
In sum – what to know:
$3.1B in new approvals – Thailand’s BOI has cleared multiple data center projects from local and international developers.
Large-scale capacity coming online – Approved facilities include more than 360 MW across projects led by True IDC, GSA, and others.
Thailand’s data center boom continues – The latest approvals follow $23B worth of data center projects approved in 2025 alone.
Thailand’s Board of Investment (BOI) has approved a new round of data center projects totaling approximately $3.1 billion, underscoring the Asian country’s growing role as a regional digital infrastructure hub.
According to Bloomberg, the approved projects include three data centers from True Internet Data Center (True IDC) with an estimated investment of 45.3 billion baht ($1.44 billion), two facilities from GSA Data Center valued at 37.2 billion baht ($1.18 billion), as well as additional developments proposed by Stellar DC and Freyr Technology.
“These strategic investments are crucial for accelerating Thailand’s digital transformation,” said Narit Therdsteerasukdi, secretary-general of the Thailand Board of Investment.
True IDC’s projects will be located in Chonburi and Samut Prakan, delivering a combined capacity of 223 megawatts. The company, a subsidiary of CP Group, operates data centers across Thailand, Myanmar, and Vietnam. Its footprint in Thailand already includes facilities in North Muangthong, East Bangna, Midtown Ratchada, and Midtown Pattanakarn. In October 2025, Microsoft confirmed plans to use a True IDC facility as part of its Thailand cloud region, and Global Infrastructure Partners invested in the company earlier that year.
The GSA Data Center projects form part of a joint venture between Gulf, Singtel, and AIS. Located in Rayong and Samut Prakan, the two sites will provide a combined IT load of 120MW.
Meanwhile, Stellar DC aims to develop a 25MW data center in Bangkok, via a partnership with Stecon Group and Singapore-based SC Zeus Data Centres, representing an investment of around $260 million.
Freyr Technology, headquartered in Singapore, is also advancing data center projects in Rayong and Samut Prakan, with combined investments estimated at $200 million.
In 2025, the BOI approved a total of 36 data center projects worth $23 billion, highlighting sustained investor interest in the country’s digital infrastructure sector.
In June 2025, AIS Business, the business division of Thai telco AIS had launched what it claims to be Thailand’s first hyperscale cloud platform operated entirely by a Thai company.
The telco had said that the platform was aimed at supporting national digital transformation and AI development. The service, dubbed AIS Cloud powered by Oracle Cloud Infrastructure, is designed to offer AI-ready digital infrastructure with data storage and processing located fully within Thailand.
Asia-Pacific will overtake the United States in colocation data center capacity by 2028 or early 2029, according to Pritesh Swamy, head of data center research and advisory for Asia-Pacific at Cushman & Wakefield. While Southeast Asia is seeing rising interest, newer markets like Vietnam, Thailand and the Philippines have lagged behind faster-growing hubs such as India or Malaysia. Swamy told RCR Wireless News that these countries are only now improving regulatory and approval frameworks. “It’s only in the recent years where countries such as Philippines, Vietnam have enabled their regulatory processes… making it easier for operators to come into their markets,” he noted.
