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Thailand approves Western Digital's $693 mln investment project


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BANGKOK, Aug 26 (Reuters) - Thailand has approved Western Digital's (WDC.O), 23.5 billion baht ($693 million) project to expand hard disk production in the country, Thailand's Board of Investment (BOI) said on Monday, as cloud technology and data centre demand grows.
The investment would boost the Thai economy by adding exports worth 200 billion baht per year and creating an extra 10,000 jobs, the BOI said.

 

https://www.reuters.com/technology/thailand-approves-western-digitals-693-mln-investment-project-2024-08-26/

Edited by SportRider
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1 hour ago, Srikcir said:

I thought Thailand no longer recognizes the US Dollar for international transactions. Now only BRIC currency. But maybe the new PM is more flexible.

I hope you are taking the proverbial?

There is no one single BRIC currency and Thailand is not even officially a member yet........

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