Thailand Approves $27B in Data Centre Investments Led by TikTok Expansion

Thailand approved $27 billion in new data centre investments this week, led by a $25 billion expansion of TikTok’s footprint in the kingdom, as Southeast Asia’s second-largest economy continues its push to become a regional hub for digital infrastructure.

The approvals, granted by the country’s Board of Investment, cover three data centre and hosting developments, according to a BOI statement released Wednesday. TikTok, the short video platform owned by Beijing-based ByteDance, received the green light to install additional servers and expand data storage and processing infrastructure in Bangkok and neighbouring Samut Prakan and Chachoengsao provinces, supporting rising demand for digital services.

The decision comes after the BOI gave the go-ahead to $3.1 billion in data centre investments in January and approved 36 projects worth a combined $23.1 billion during 2025.

“Amid continuing global volatility, investment in Thailand’s digital and advanced technology sectors continues to grow, reflecting investor confidence in the country’s potential as a regional technology hub,” said BOI secretary general Narit Therdsteerasukdi.

DAMAC and Bridge Projects

This week’s approvals also included a $1.4 billion data centre project by UAE-based DAMAC Group’s Skyline Data Center and Cloud Services unit in Chachoengsao, with the facility planned to support 200 megawatts of IT load capacity. Bain Capital-backed Bridge Data Centres, meanwhile, secured approval for a $746 million project in Chonburi province designed for 134MW of IT load.

The January batch included SC Capital Partners’ SC Zeus Data Centers, which plans a $300 million, 25MW Bangkok facility with Thai partner STECON Group, and three True Internet Data Center projects in Samut Prakan and Chonburi worth a combined $1.4 billion and designed for 223MW of IT load. A Singtel-Gulf-AIS joint venture also secured approval for two projects in Samut Prakan and Rayong totalling $1.2 billion and 120MW of IT load.

Singapore-based Empyrion Digital broke ground Thursday on its first Thailand data centre in Bangkok’s Bang Na district, with the Seraya Partners-backed company planning a carrier-neutral facility designed to support AI and cloud workloads in one of the city’s emerging digital infrastructure clusters.

Also this week, a joint venture of Singapore’s Digital Edge and Thai energy group B.Grimm Power secured an $880 million green loan to fund its 100MW Chonburi campus. The project, which began construction last September, is being developed by Stonepeak-backed Digital Edge to target hyperscale cloud and AI customers in Thailand’s Eastern Economic Corridor.

Southeast Asian Wave

The acceleration in Thailand comes as Southeast Asia emerged as the region with the largest share of under-construction data centre capacity in Asia Pacific at the end of 2025, accounting for 1,123MW, or 31 percent, of the regional total, according to Cushman & Wakefield.

Malaysia led APAC with 483MW under construction, followed by Thailand with 347MW and Indonesia with 236MW, the consultancy said in its latest data centre update. 

Bangkok’s data centre market recorded one of the region’s fastest growth trajectories during 2025, with operational capacity rising modestly from 105MW to 113MW as capacity under construction spiked from 46MW to 347MW.

Cushman & Wakefield said Bangkok’s planned capacity more than tripled during the year from 186MW to 598MW, pushing the city’s combined pipeline to 945MW and underscoring growing investor interest in Thailand as an emerging Southeast Asian data centre market.