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Amazon to boost Thailand cloud infrastructure with $5 bln investment – Reuters

ByINVESTOR

Oct 18, 2022

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Oct 18 (Reuters) – Amazon Web Services (AWS),the cloud computing division of Amazon.com Inc (AMZN.O), said on Monday it plans to invest $5 billion in Thailand over the next 15 years to strengthen its infrastructure in the country.

The investment would include construction of data centers and purchase of goods and services from regional businesses, AWS said in a statement.

It also plans to set up an infrastructure hub in Thailand’s Bangkok to help customers in the region securely store data, and serve end users better.

“AWS’ plan to build data centers in Thailand is a significant milestone that will bring advanced cloud computing services to more organizations and help us deliver our Thailand 4.0 ambition to create a digitized, value-based economy,” Thailand’s Deputy Prime Minister Supattanapong Punmeechaow said.

AWS’ cloud platform offers more than 200 services, including storage, robotics and artificial intelligence.

AWS last month opened its first cloud data center in UAE and announced plans to setup a local hub in Mexico to boost bandwidth for clients.

Since 2020, AWS has launched 10 Amazon cloudfront edge locations in Bangkok. The edge locations help to deliver data, videos and applications at higher speeds to end users.

Reporting by Kanjyik Ghosh and Ann Maria Shibu in Bengaluru; Editing by Dhanya Ann Thoppil

Our Standards: The Thomson Reuters Trust Principles.

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