Thailand has approved six major investment projects worth a combined 958 billion baht (US$29 billion), according to its investment board (06/05).

The announcement highlights a significant step in expanding the country’s digital and economic capacity.

TikTok Drives Majority of Investment with Infrastructure Expansion

The approvals include a large-scale data infrastructure expansion by a local unit of TikTok valued at 842 billion baht, or about US$25 billion.

The project will install additional servers and expand data storage and processing infrastructure.

Expansion to Cover Key Provinces

The infrastructure development will take place across Bangkok, Samut Prakan, and Chachoengsao Province.

Officials said the project supports rising demand for digital services and strengthens Thailand’s role in regional digital infrastructure.

Last year, TikTok said it would invest US$8.8 billion in data centres over five years in Thailand.

TikTok is owned by China’s ByteDance.

Digital Literacy and E-Commerce Support Initiatives

Beyond infrastructure, TikTok has committed to developing digital literacy and e-commerce curricula.

The initiative aims to create new business opportunities for Thai entrepreneurs and strengthen the country’s digital workforce.

PHOTO: UNSPLASH

This article was created with AI assistance.

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