Amazon will invest $5 billion in Thai cloud infrastructure

Recognizing the increasing importance of the Thai market, Amazon Web Services (AWS) announced last week that it will invest $5 billion over the next 15 years to expand and bolster its cloud-computing infrastructure in the Kingdom.
Thailand’s Deputy Prime Minister and Minister of Energy Supattanapong Punmeechaow said that Amazon’s investment underscores Thailand’s rise as a regional hub for digital industries and data centers. Amazon’s services would support the Kingdom’s business sectors, including its young and vibrant startup ecosystem. It would also help speed up Thailand’s transition to a digital economy and society.
“Amazon’s plan to build data centers in Thailand is a significant milestone that will bring advanced cloud computing services to more organizations and help us deliver our ambition to create a digitized, value-based economy,” the Deputy Prime Minister said.
He further emphasized that Amazon is one of the world’s leading companies, and its commitment to Thailand would have ripple effects that would attract other firms in other industries to choose to invest in the Kingdom. This could include electric vehicle manufacturers and others. Amazon’s cloud services could also help accelerate Thailand’s smart cities program.
The investment will also fund the building of data centers and the purchase of goods and services from regional businesses, according to a statement released by AWS. The company provides on-demand cloud computing platforms that include more than 200 services, including storage, robotics and artificial intelligence.
AWS’s announcement came after Google announced it would establish one of its cloud regions in Thailand, along with several other countries, earlier in August.
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