TikTok, owned by ByteDance, is set to invest 126.8 billion baht ($3.76 billion) in a new data center in Thailand, according to an announcement by the Thai Board of Investment (BOI) on Wednesday. The investment, made through TikTok’s Singapore-based subsidiary, will support affiliated companies and is expected to commence operations in 2026. This substantial investment was part of a larger package of approved projects totaling $5 billion.
This strategic move by TikTok aligns with a broader trend of major tech companies establishing data centers in Thailand, recognizing the country’s growing importance as a digital hub in Southeast Asia. Thailand’s robust economic growth, coupled with its strategic location, makes it an attractive destination for companies seeking to expand their digital infrastructure in the region.
Last year, Google pledged a $1 billion investment in Thailand, following Amazon Web Services’ commitment of $5 billion over 15 years. Microsoft has also announced plans to open its first regional data center in the country. These investments underscore the increasing confidence in Thailand’s digital economy and its potential to serve as a key data center hub for Southeast Asia.
The BOI Secretary-General, Narit Therdsteerasukdi, highlighted the significance of TikTok’s investment, stating that it represents a major step towards strengthening Thailand’s digital and AI infrastructure. This investment further solidifies Thailand’s position as a regional leader in the digital economy and its ambition to become a primary data center hub in Southeast Asia. The influx of investment from global tech giants not only boosts Thailand’s economy but also contributes to the development of its digital ecosystem, fostering innovation and creating new opportunities for local businesses and talent.
The significant investments by tech giants like TikTok, Google, Amazon, and Microsoft reflect a growing trend in the digital landscape of Southeast Asia. As the region continues to experience rapid digital transformation, the demand for robust data infrastructure is expected to increase significantly. Thailand, with its supportive government policies and strategic location, is well-positioned to capitalize on this trend and solidify its position as a leading digital hub in the region. This influx of investment will likely drive further economic growth and technological advancement in Thailand, further enhancing its attractiveness to foreign investors and businesses.
