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Reuters: Thailand to receive $8.5 billion worth of investment from AWS, Google, Microsoft

Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

Thailand will receive 300 billion baht ($8.46 billion) worth of investment from Amazon Web Services (AWS), Google and Microsoft, a government spokesperson said on Wednesday.

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The companies will invest 100 billion baht each, Chai Wacharonke said.

AWS plans to build a data centre with a budget of $5 billion over 15 years, the government said in a separate statement.

"The prime minister is confident that AWS' investment will enhance the country's competitiveness," said Chai, adding Microsoft and Google were also studying investment plans for large data centres in Thailand.

Amazon Web Services, Google and Microsoft did not immediately respond to a Reuters request for comment on investments in Thailand.

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