Group 1 - Google plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center, which is expected to support 14,000 jobs in the country [1][2] - The new data centers will be located in Bangkok and Chonburi, aimed at meeting the growing demand for cloud computing in Southeast Asia [1][2] - This investment is projected to add $4 billion to Thailand's GDP by 2029, according to a report from consultancy Deloitte [2] Group 2 - The Thai government views this investment as a step towards diversifying and modernizing the economy, which has traditionally focused on manufacturing, agriculture, and tourism [3][4] - The digital economy in Thailand could contribute as much as 30 percent of GDP by 2027, as stated by the Office of the National Digital Economy and Society Commission [4] - Other Southeast Asian countries, like Vietnam, are also competing for US tech investments, indicating a regional trend towards enhancing digital infrastructure and reducing dependency on traditional manufacturing [4]
Google to invest $1 billion in Thailand