Global Infrastructure Partners to Invest over $1bn in Thailand

Investment firm Global Infrastructure Partners (GIP) will invest more than $1bn in Thai data centers. The company recently announced a partnership with Thailand’s largest conglomerate, Charoen Pokphand (CP) Group, and its data center subsidiary True IDC.

CEO of GIP, Bayo Ogunlesi, said: “The growth of data consumption and AI requires significant amounts of private capital to fund investments to help the world’s leading data center developers and operators provide this essential infrastructure to their customers.”

Thanasorn Jaidee, True IDC’s President, added that the company “has always been committed to driving Thailand to become the digital hub of ASEAN. This collaboration with GIP will accelerate the realization of that goal.”