Thailand approves $29B in mega-projects, led by TikTok's record data push

Thailand approves $29B in mega-projects, led by TikTok's record data push

Christine Miller
Christine Miller
2 Min.
Large room filled with numerous servers in a data center, featuring a floor, ceiling with lights, and a wall in the background.

Thailand approves $29B in mega-projects, led by TikTok's record data push

Thailand’s Board of Investment (BOI) has greenlit a series of major projects worth nearly 1 trillion baht. The combined value of the approved schemes reaches 958 billion baht, equivalent to around USD 29 billion. Among them, a massive data infrastructure expansion by TikTok stands out as the largest single investment. The BOI approved six key projects spanning digital infrastructure, renewable energy, and industrial production. TikTok System (Thailand) Co., Ltd. secured permission for an 842 billion baht (USD 25 billion) expansion, focusing on new servers and data storage across Bangkok, Samut Prakan, and Chachoengsao Province. This marks the largest investment in the latest round of approvals.

In the energy sector, Dan Khun Thot Wind One Co., Ltd. will develop an 89-megawatt wind farm in Nakhon Ratchasima, investing 4.7 billion baht (USD 143 million). Meanwhile, ASEAN Potash Chaiyaphum Plc. plans to produce potassium chloride in Chaiyaphum with a 31.4 billion baht (USD 952 million) investment. Digital infrastructure received further boosts with two additional data centre projects. Bridge Data Centres IIO (Thailand) Co., Ltd. will build a facility in Chonburi for 24.6 billion baht (USD 746 million), while Skyline Data Center and Cloud Services Co., Ltd. secured approval for a 46 billion baht (USD 1.4 billion) project in Chachoengsao. PureCycle (Thailand) Co., Ltd. also gained approval for an 8.18 billion baht (USD 248 million) recycled plastic pellet plant in Rayong. Beyond these, the BOI selected nine more projects worth 52 billion baht (USD 1.6 billion) under the Thailand FastPass scheme. The initiative aims to accelerate approvals and operational launches for high-impact investments. The BOI is collaborating with partner agencies to strengthen infrastructure, workforce development, and supply chains, ensuring long-term growth in Thailand’s digital economy.

The newly approved projects cover data infrastructure, renewable energy, and industrial manufacturing. Their combined value of 958 billion baht signals a major push for economic expansion in Thailand. The BOI’s FastPass scheme and partnerships with other agencies will help streamline implementation and support sustained development in key sectors.