Amazon becomes a key investor in Thailand as cloud computer firm AWS sets up shop in Bangkok

[webfact]

An upbeat Deputy Prime Minister and Minister of Energy on Tuesday welcomed the official announcement that Seattle-based AWS was setting up its regional operations in Thailand

 

by Carla Boonkong & Pranee O' Connor

 

There is no doubt that the US firm’s investment in Thailand through a new subsidiary firm is good news which will see Thailand become a hub for cloud-based internet services throughout Southeast Asia while also improving the digital infrastructure for local internet firms and digital startups.

Amazon is to become a key investor in Thailand through its Seattle-based internet service provider AWS which has unveiled a $5 billion investment in the country over the next 15 years with nearly 10% of this or ฿200 billion being ploughed in immediately in the creation of new data centres and cloud computing links with Thailand which will become a regional hub for the key market player with a turnover of $62 billion. On Tuesday, following a cabinet meeting in Bangkok, Thailand’s Deputy Prime Minister for the Economy Supattanapong Punmeechaow expressed his excitement at what he termed a ‘hyper-scale’ investment which he saw as a vote of confidence in the country’s digital future. 

 

Deputy Prime Minister Supattanapong Punmeechaow, on Tuesday, announced that US firm AWS or Amazon Web Services has chosen Thailand as its regional hub against stiff competition for both Malaysia and Indonesia in a move which will see $5 billion invested in the kingdom over the next five years or ฿190 billion.

 

Full story: https://www.thaiexaminer.com/thai-news-foreigners/2022/10/19/amazon-becomes-a-key-investor-in-thailand/

 

-- © Copyright Thai Examiner 2022-10-20

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

[Hakuna Matata]

Currently there is a large AWS hub in Singapore, isn't there?

[2009]

Interesting, Microsoft Azure not here?

[hotchilli]

Thailand a hub for other countries investing, they make most of the money...

Thailand merely rakes off some tax revenue?

does Thailand have anything of it's own?

[apart from the oldest profession]

[Don Chance]

Once you have your cloud set up in AWS it is very difficult to move it somewhere else. Invest in AMZN is easy money.

[whiteman]

115.07

USD▼ -55.68 (-32.61%) past year        Once you have your cloud set up in AWS it is very difficult to move it somewhere else. Invest in AMZN is easy money

 

LOOKS LIKE A GOOD BET DOWN NEARLY 33 % AND STILL FALLING

 

[TallGuyJohninBKK]

From later in the OP report:

 

"will see the development of state-of-the-art data centres in Thailand from which cloud service computing services will be made available to business customers in Thailand and Southeast Asia which will bring with it faster speeds and reduced latency."

 

But then again, there was the article's following comment explaining why companies like AWS might be coming to Thailand....

 

(cough cough)

 

"These firms are moving to Southeast Asia but are looking for countries with stable democracies, strong rule of law and ones which are not influenced by mainland China."

 

What exact country might the above comment be referring to? Surely not any one immediately around here!

 

Edited October 20, 2022 by TallGuyJohninBKK

[TallGuyJohninBKK]

strange.... they write this whole OP article, and not a single quote or comment direct from  Amazon/AWS anywhere to be found in their report?

 

Edited October 20, 2022 by TallGuyJohninBKK

[TallGuyJohninBKK]

https://press.aboutamazon.com/news-releases/news-release-details/aws-launch-infrastructure-region-thailand/

 

AWS to Launch an Infrastructure Region in Thailand

October 17, 2022 at 7:00 PM PDT

...

“We are committed to supporting Thailand's digital transformation through our local infrastructure investments and fast pace of innovation, helping Thailand-based customers unlock the full potential of the cloud to transform the way businesses and institutions serve their stakeholders,” said Prasad Kalyanaraman, vice president of Infrastructure Services at AWS.

...

"The upcoming AWS Region in Thailand will enable developers, startups, and enterprises, as well as government, education, and nonprofit organizations, to run their applications and serve end users from AWS data centers located in Thailand, ensuring that customers who want to keep their data in Thailand can do so."

...

"Thai organizations that choose AWS to run their workloads to accelerate innovation, increase agility, and drive cost savings include 2C2P, CP All Plc., Digital Economy Promotion Agency, Energy Response Co. Ltd. (ENRES), Papyrus Studio, PTT Global Public Company Limited (PTT), Siam Cement Group (SCG), Sukhothai Thammathirat Open University, The Stock Exchange of Thailand, and more."
 

 

Edited October 20, 2022 by TallGuyJohninBKK

[TallGuyJohninBKK]

I wonder if Amazon/AWS is going to build their Bangkok area data centers on stilts... so that when the inevitable floods come, they won't end up like Don Mueang Airport a few years back...

 

[rbkk]

Will international gateways get any better?

[smutcakes]

13 hours ago, TallGuyJohninBKK said:

I wonder if Amazon/AWS is going to build their Bangkok area data centers on stilts... so that when the inevitable floods come, they won't end up like Don Mueang Airport a few years back...

 

They are not building in BKK. They have acquired 3 sites on the Eastern Seaboard. In BKK they will just rent space at other DC operators.

[TallGuyJohninBKK]

3 hours ago, smutcakes said:

They are not building in BKK. They have acquired 3 sites on the Eastern Seaboard. In BKK they will just rent space at other DC operators.

 

What's your source for that info. Do you have a link to it?

[smutcakes]

8 minutes ago, TallGuyJohninBKK said:

 

What's your source for that info. Do you have a link to it?

I was party to some of the technical DD aspects of the acquisitions. Two sites in Rayong and one in Chonburi.