Thailand’s Board of Investment (BOI) has approved six major investment projects worth a combined 29.9 billion dollars, led by a large-scale data infrastructure expansion by TikTok. The move signals strong investor confidence in Thailand’s digital economy and positions the country as a growing regional centre, for data storage and processing. The announcement was made on 6 May by BOI Secretary-General Narit Therdsteerasukdi.
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The largest share comes from TikTok Systems (Thailand) Co., Ltd., which plans to invest 26.3 billion dollars, across Bangkok, Samut Prakan and Chachoengsao. The project will expand server installations to meet rising regional demand for data services and strengthen Thailand’s strategic role in digital infrastructure. TikTok will also introduce digital literacy and e-commerce training programmes aimed at supporting Thai entrepreneurs and improving workforce skills.
The BOI also approved two additional data-related projects, bringing total digital infrastructure investment to approximately 28.6 billion dollars. Skyline Data Center and Cloud Services, part of the UAE-based DAMAC Group, will invest 1.5 billion dollars in Chachoengsao with an IT load capacity of 200 megawatts. Bridge Data Centres IIO (Thailand) Co., Ltd. will invest 769 million dollars in Chonburi, providing a capacity of 134 megawatts.
Beyond the digital sector, the board approved projects in recycled plastics, wind power and potassium chloride production. These approvals reflect a broader push to diversify Thailand’s industrial base while aligning with sustainability and energy goals. Officials say the mix of projects highlights continued interest in both high-technology and green industries.
Narit said Thailand continues to attract strong investment interest despite global economic uncertainty. He added that the BOI is working with partner agencies to improve infrastructure, electricity systems and clean energy supply to support future growth. The expansion of data centres is expected to increase demand for reliable power and modernised infrastructure.
Khaosod reported that the approved projects are expected to enhance Thailand’s competitiveness as a regional technology hub. The government is likely to continue promoting digital investment alongside workforce development initiatives. Further coordination between public and private sectors will be key to delivering the required infrastructure and sustaining long-term growth.
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Adapted by ASEAN Now Khaosod 7 May 2026