EEC / Data center investment

Category: Investment

Chatrudee Theparat
EEC / Data center investment

Indian hyperscale data center operator invests 15 billion baht in EEC

CtrlS Datacenters, an Indian leading hyperscale tier 4 data center operator in the global and the largest operator in Asia, invests 15 billion baht in EEC.

Siddharth Singh, senior vice president, marketing of CtrlS Datacenters, said the company plans to implement ground working to construct a building by this July or August in a special economic zone of Thailand Digital Industry and Innovation Promotion Zone (Eastern Economic Corridor of Digital: EECd) in the Thailand Digital Valley project, Sri Racha district in Chon Buri province.

“The first phase with an investment of 4.5 billion baht will be operational in 2025,” Mr Siddharth said.

Eastern Economic Corridor Office signed a lease agreement on February 2 with CtrlS for leasing space in the EECd area, which attracts 15 billion baht investment into Thailand.

This agreement was signed between the Eastern Economic Corridor Office, secretary-general Chula Sukmanop and CtrlS Datacenters, an Indian company, by Mr Siddharth Singh, senior vice president, marketing of CtrlS Datacenters, to establish a world-leading data center hub (Hyperscale Data center) in Thailand.

Dr. Nalinee Thaveesin, Thailand Trade Representative, and Mr Nagesh Singh, ambassador of India to Thailand, witnessed the signing ceremony.

Eastern Economic Corridor Office (EECO) secretary general, Chula Sukmanop said this signing ceremony signifies the success in attracting targeted industrial investments into the EEC area. CtrlS has leased 25 rai of land within the EECd for 50 years.

The hyperscale data center project, capable of accommodating the highest digital data volume, marks the first overseas investment expansion. The investment will generate approximately 1.3 billion baht in rental income for the EECd, supporting around 1,000 job opportunities.

It also facilitates technology transfer, relevant training in cloud services, and promotes sustainable innovation development, aligning with the government's policy and driving economic growth to enhance the country's competitiveness.

The hyperscale data center project will utilize energy management technology and clean energy to support a maximum power capacity of 150 megawatts. Its strategic location near the Chonburi submarine cable station, a central connecting point with both underwater and land cable networks, enables international connections to countries such as the United States, China, Japan, Singapore, and Taiwan through efficient underwater cable systems.

It will also connect to other data centers and industrial estates.

The first phase is expected to be operational in 2025, marking a significant project advancing Thailand as a regional digital hub, attracting both domestic and foreign investors in advanced digital businesses such as 5G, AI systems, Cloud, IoT, Smart City, and enticing global data service operators to invest in the EEC area in the future.

In a separate development, Mr Chula said the State Railway of Thailand (SRT) is expected to conclude soon on whether a revision of a contract to build high speed train connecting three airports to Asia Era One Co (AERA1), a joint investors and operators of a high speed rail project connecting three airports Don Mueang, Suvarnabhumi and U-tapao airport.

AERA1 is a CP-led consortium that won the bid from the State Railway of Thailand (SRT).

“If the company could not perform on the requirement, SRT can cancel the contract. However, EEC wants the AERA1 to proceed the project because the project plays an important role to EEC development.”

02 February 2024

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