Bangkok to see another USD8.8b worth of data centre investment

The city witnessed a wave of high-value investments.

Building on strong momentum from the second half of 2024, Bangkok’s data centre market continued its rapid expansion in the first half of 2025, according to a report from Cushman and Wakefield.

“Over the past six months, underconstruction capacity surged by 267%, rising from 46MW to 169MW, while planned capacity increased by 177%, from 186MW to 515MW. Although operational capacity grew only marginally, demand remains robust, as evidenced by a drop in vacancy rates from 24% in H2 2024 to 16% by the end of H1 2025,” data from the report revealed.

Here’s more from Cushman and Wakefield:

Bangkok is increasingly gaining strategic importance and is quickly emerging as a key data centre hub in the Asia Pacific region. Investment commitments continued to rise in H1 2025. Following major announcements from AWS, Google, Microsoft, and DayOne, ByteDance declared in March 2025 its intention to invest US$8.8 billion in Thailand.

This wave of high-value investments has significantly accelerated Bangkok’s development pipeline. With substantial capital inflows and anticipated deployments in the coming months, Bangkok is poised to be reclassified as a primary market.

Much of this expansion is aimed at supporting the digital infrastructure for cloud computing and AI-driven workloads. However, recent geopolitical developments may pose challenges. The U.S. government’s recent announcement on its plan to restrict AI chip exports to Thailand could impact the pace and scope of ongoing and proposed developments.

While the U.S. Department of Commerce is reportedly working on a revised strategy to replace the AI diffusion rule, the specifics remain unclear. Although U.S.-based firms may be granted exemptions, concerns around the unauthorized use of GPUs continue to be a key issue for U.S. authorities.