AWS, Google, and Microsoft to Invest $8.5 Billion in Thailand

Thailand is set to receive a collective investment of $8.5 billion from tech giants Amazon Web Services (AWS), Google, and Microsoft, as announced by a government spokesperson.

Each company is expected to contribute around $2.83 billion (100 billion baht).

AWS has disclosed plans to allocate $5 billion over 15 years for establishing a data center.

Meanwhile, Google and Microsoft are exploring opportunities to set up significant data center operations within the country.

This inflow of investments by major tech companies is anticipated to bolster Thailand's competitive edge, according to government representatives.

However, there has been no immediate comment from AWS, Google, or Microsoft in response to Reuters' inquiries regarding their investment commitments in Thailand.

Exchange rate noted: $1 equals 35.4700 baht.