Equinix: Equinix to invest in two data centers in Bangkok, Thailand

Equinix this week announced an intention to invest approximately $500 million in Thailand in phases over the next ten years, including the recent acquisition of land in Bangkok for approximately $34m. The newly acquired land in the Bangna area of Bangkok will be used to establish two Equinix International Business Exchange (IBX) data centers, providing more than 3,375 cabinets at full build-out.

Cyrus Adaggra, VP of corporate development, Asia-Pacific, Equinix, said: "Thailand stands at the forefront of digital growth in Southeast Asia, with immense untapped potential as it becomes a key player in the region's digital economy. Equinix's entry in Bangkok is yet another milestone advancing our overarching strategy to enhance interconnection across Thailand and Southeast Asia."

Narit Therdsteerasukdi, secretary general, Thailand Board of Investment, added: “Thailand has emerged as a prime investment destination in this supply chain transformation, attracting substantial investments in prominent industrial clusters, particularly in cloud services, electronics and electric vehicle sectors.

"We are excited to work alongside Equinix to foster our digital capabilities and drive forward our vision for a technologically advanced Thailand.”