Thai Times

Covering the Thai Renaissance
Wednesday, Jun 17, 2026

Thailand Sees Eightfold Surge in Digital Investment Applications as Gulf Development Expands Data Center Ambitions

Thailand's Board of Investment reported that digital-sector investment applications topped 8.7 billion baht in the first quarter of 2026, driven largely by hyperscale data center projects from the United States and China. The momentum coincides with Gulf Development's announcement of a US$4.3 billion plan to add 2,000 megawatts of data center capacity over the next five years, helping attract substantial foreign capital into Thai financial markets.
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