STECON Group Public Company Limited (SET: STECON) has informed the Stock Exchange of Thailand that Sino-Thai Engineering and Construction Public Company Limited (STEC), a subsidiary of the company, has signed construction contracts for the CHN-1A Data Center Project and the CHN-2A Data Center Project.
Both contracts were signed with Quartz Computing Co., Ltd., a subsidiary of Alphabet Inc. (Google’s parent company), on March 11, 2025, with details as follows:
1) CHN-1A Data Center is set to have CSA and MEP fitted out. The contract values at THB 7,575,113,346 (VAT included). The work will begin on April 1, 2025 to April 8, 2027.
2) CHN-2A Data Center is set to have CSA and MEP fitted out. The contract values at THB 8,376,164,306 (VAT included). The work will begin on April 1, 2025 to July 11, 2027.
