泰国数据中心热潮 | 东南亚崛起的强国

SoutheastAsia’s RisingThailand’s Data Centre Surge: Overview Southeast Asia’s data centre landscapehas evolved rapidly over the past fewyears. While Singapore initially setthe pace with its strong fundamentals— business-friendly policies, politicalstability, and robust infrastructure — What followed was a wave of development — first inJakarta, followed by Johor Bahru and Kuala Lumpur —as alternative markets began to establish themselves asviable options for data centre investment. Today, marketindicators point to Bangkok as the next market to watch. Bangkok’s Data Centre Market As Southeast Asia's second-largest data centre market by total IT capacity, trailing only Malaysia, Thailand is rapidly With Bangkok’s impressive2,587MW of total IT capacity, thecity outpaces regional heavyweightslike Singapore, Jakarta (Indonesia’s Thailand’s data centre marketis thriving due to its strategicadvantages, including abundant land,reliable power, and a favourablegeopolitical position that hasmade it an attractive destinationfor both Western and Chinese Explosive Growth in Bangkok’s Data Centre Sector Bangkok’s data centre market has entered a phase of rapid transformation, marked by a significant influx of internationaloperators. Over the past few years, major players such as STT GDC, OneAsia, CtrlS, Evolution Data Centres, Singtel,Equinix, and Edgnex Data Centres by DAMAC have announced their entry — many following AWS’s 2022 commitment to More recently, Google’s 2024 announcement to establish its first data centre in Thailand further reinforces confidence in the market’s long-term potential. Importantly, this influxis not limited to new market entries. Operators already present are continuing to invest, expand, and entrench their footprint — demonstrating not just strong initial interest but a Between 2019 and 2024, the total IT capacity of the Bangkok market has expanded more than twentyfold, with a substantial portion in the early stages of development signallingstrong market interest. Even when focusing solely on pipeline capacity (under construction and committed), the market has recorded a five-year CAGR of approximately 40% — Bangkok’s current live capacity stands at approximately 120MW, with additional capacity expected to come online by year-end as ongoing developments reach completion andexisting sites undergo expansion. Over the next two years, the market is poised for a significant uplift in operational capacity, with large-scale projects by Google, DayOne, and Digital Investments on the Rise The digital sector — including data centres and cloud services — topped by value with150 projects7.06 billion USDIn 2024, applications for investment soared by 35% in value from the previous year to 33 billion USD1. Cloud Investments in the Past 12 Months 97million USD.5 1 2024 marked a standout year forBangkok’s data centre market, withearly-stage IT capacity increasing by The bulk of this is attributed to Doma InfrastructureGroup’s announcement to develop 1.5GW of greendata centre campuses in the Eastern EconomicCorridor. This surge reflects more than just a risein project announcements — it signals a shift in The scope of deployment is expanding, and withit, the size and significance of investment deals. Anemerging trend is the gradual shift of new data centredevelopments toward Thailand’s Eastern EconomicCorridor, particularly in Chonburi and Rayong. This The Impact of Cloud and AI Cloud computing continues to be a key demand driver, with recent investments underscoring Thailand’s growing regionalrelevance. AWS has launched an Availability Zone in the Eastern Economic Corridor (EEC), Google has announced its At the same time, leading Chinese cloud providers — including Huawei, Alibaba, and Tencent — are also deepening their presence, each having launched cloud regions in Thailand,underscoring the country’s geopolitical neutrality and strategic location as a key draw for both Western and Chinese hyperscalers. An emerging demand driver in 2024 is artificial intelligence (AI), which has the potential to significantly stimulate Thailand’sdata centre market growth in the short to medium term. While AI is a relatively recent source of demand, it has alreadymade an impact. In 2024, AI accounted for approximately 20% of the demand, while cloud made up about 40%. Lookingahead, AI’s influence is expected to grow. In the first quarter of 2025, AI demand rose to 28%, while cloud accounted for What sets the country apart is the strong alignment betweengovernment policy, technology innovation, and industryparticipation. With government backing — such as itscollaboration with NVIDIA to build sovereign AI capabilities— Thailand is making clear moves to establish itself as aregional AI hub. This momentum is echoed by the privatesector, where leading data centre operators — including True The synergy between public and private initiatives signalsstrong potential for sustained market growth, as Thailandposit