Google is confident in Thailand’s capability to attract foreign investments in AI Cloud technologies, while encouraging the government to establish supportive rules and regulations to facilitate substantial investments.
During the “Battle Strategy” seminar, hosted by ‘Kaohoon’ last Friday, Mr. Annop Siritikul, Managing Director of Google Cloud Thailand, highlighted the results of a recent survey revealing that Thailand ranks second in Southeast Asia for digital literacy. The findings showed that over 95% of the Thai population has access to the internet, with an average of 1.4 mobile phones per person.
With these promising potentials, Google announced plans to invest around 36 billion baht to enhance cloud systems and data centers in Bangkok and Chonburi. This initiative aims to meet the growing demand for cloud services in Thailand and across the ASEAN region.
Moreover, this investment is expected to create 14,000 new jobs annually over the next five years and could add an estimated 4 billion USD to Thailand’s GDP by 2029.
However, Google also warns that unclear regulations regarding AI and Cloud technologies could pose a barrier to foreign investment. The company urges the Thai government to establish these frameworks to attract global players to the market.
