The Thai government has approved several new data center projects.

The Thailand Board of Investment (BOI) has approved large-scale investments from local and foreign companies into data centers, power plants, biochemical, and hospital industries.

The investment totals 56.95 billion baht ($1.55bn), with $291 million invested in the data center sector.

New promotion measures have also been approved for recycling used EV batteries and data hosting.

The BOI said this will match the rising demand for data hosting in Thailand and complement the investment incentives already offered to support the development of the digital industry.

Two large data center projects have been approved by the board, according to a report from Biospectrum Asia.

An unnamed multinational company received approval for a 7.19 billion baht ($196 million) investment in a data center in Samut Prakan province outside Bangkok.

Local telco True Internet Data Center CO also had a 3.35 billion baht ($91 million) investment approved for the expansion of its East Bangna campus, also in Samut Prakan.

True IDC launched in 2003 as Ascend Group's data center. The company's Thai facilities are located in Bangna, Muangthong, Ratchada, and Pattanakarn. The company opened a Mynamar data center in Yangon in 2015. It broke ground on the second of four planned buildings on its Bangkok campus in 2021.

DCD reported last year that AWS, Microsoft, and Google all had plans to invest a combined $8.5 billion in Thailand data centers.

Microsoft announced plans to invest in Thailand last month, building another Azure cloud region, while Google announced plans for a Thai cloud region in August 2022.

Amazon followed with its own announcement in October of the same year, launching a Local Zone Edge location in Bangkok in December 2022.

Tencent has two availability zones within Bangkok and Alibaba opened a data center in Bangkok in May 2022.

NTT broke ground on a 12MW data center in Bangkok earlier this year, expected to go live in 2025.