Gulf Development Public Company Limited has announced plans to invest up to THB140 billion (approximately USD4.3 billion) over the next five years to significantly expand data centre infrastructure in Thailand. The investment programme is aimed at supporting the growing demand for artificial intelligence and cloud computing services and could increase the company’s data centre capacity by up to 2,000 MW.
The company currently operates approximately 200 MW of data centre capacity through existing partnerships and intends to expand this tenfold through a combination of new developments and strategic collaborations. Gulf has established a joint venture known as GSA with Singapore Telecommunications (Singtel) and Advanced Info Service (AIS) to develop hyperscale data centre facilities. The company has also entered into agreements with Microsoft and Google Cloud to support data centre services, AI solutions and broader digital infrastructure development.
The planned expansion builds on Gulf Development’s strategy of integrating its energy and telecommunications businesses following their consolidation in 2024. By leveraging its power generation assets, the company aims to provide reliable and efficient energy supply for large-scale data centre operations. The initiative is expected to strengthen Thailand’s position as a regional hub for digital infrastructure and support increasing demand from artificial intelligence, cloud computing and data-intensive industries.
