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

[November 15, 2023]  BANGKOK (Reuters) - 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. 

A logo for Amazon Web Services (AWS) is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022. REUTERS/Chris Helgren/File Photo

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.

($1 = 35.4700 baht)

(Reporting by Panarat Thepgumpanat and Chayut Setboonsarng; Editing by Kanupriya Kapoor)

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