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Thailand welcomes Google's US$1 billion investment in data center and cloud region

20 Sept 04:17 Key points summarised by AI

Google announced a US$1 billion investment to build a new data center in Chonburi and a cloud region in Bangkok, Thailand.
This strategic investment aims to meet the escalating cloud demand and support artificial intelligence adoption across Southeast Asia, while also enhancing Google's popular digital services.
The project is projected to create an average of 14,000 jobs annually until 2029 and contribute approximately US$4 billion to Thailand's GDP, aligning with the country's 'Cloud First Policy'.

Today 15:20 Key points summarised by AI

Thailand's Prime Minister Anutin Charnvirakul initiated a nationwide crackdown on illegal Thai nominee shareholders in foreign-run businesses and land holdings to safeguard national interests.
The government will integrate efforts across all relevant agencies to target illicit foreign operations, forced sales of illegally acquired property, and high-risk land ownership schemes.
Key strategies include auditing suspect land and building holdings, establishing a long-term monitoring system, and cross-referencing data from various authorities to trace ultimate beneficial owners.
Prime Minister Anutin emphasized that no influential figures or corrupt officials are above the law, promising straightforward prosecution, asset seizures, and protection for enforcing officers.
Beyond land ownership, the integrated crackdown will also extend to tackle transnational crimes, including drug and human trafficking.