CtrlS Datacenters, Asia's leading data centre operator, has leased a land plot in the Eastern Economic Corridor of Digital (EECd) for 50 years to establish a data centre business, according to Thai trade representative Nalinee Taveesin.
Chula Sukmanop, secretary-general of the EEC Policy Committee and a representative of India's CtrlS Datacenters, signed the lease deal yesterday for a 25-rai plot in the EECd area in Chon Buri to establish the company's hyperscale data centre.
CtrlS Datacenters is Asia's largest tier 4 data centre operator.
The company is expected to invest more than 15 billion baht, including 1.3 billion in revenue for the EEC from land rental, while creating around 1,000 jobs, said Mrs Nalinee.
She and Nagesh Singh, Indian ambassador to Thailand, witnessed the signing of the lease deal.
Mrs Nalinee said the signing represents a success in attracting a targeted industry to invest in the zone.
In a related matter, leading local data centre service providers recently established the Thailand Data Centre Council (TDCC), signing a memorandum of understanding. The TDCC is a strategic alliance aimed at improving the country's digital infrastructure.
The council's founding members comprise AIMS Data Centre (Thailand), Evolution DC (Thailand), NTT Global Data Centers (Thailand), STT GDC Thailand and Telehouse (Thailand).
The council said Thailand's advantageous geographic location and supportive digital policies have positioned it as an attractive destination for investments from global digital service providers and data centre operators.
The council cited a Statista report that projects Thailand's data centre market revenue to rise from US$2.06 billion in 2023 to $2.83 billion in five years, making it a critical sector for the country's economy.